it is technically a real thing but very rare, and there is plenty of historical data out there that shows those who have less skin in the game are at a far greater risk of default by a factor of 5-7x.

I also question whether this $700K six unit is a true 10.5-11% cap.

That said, I completely understand your concern about deals looking "too good to be true" when you’re putting in 50% down.To avoid this, it’s best to analyze properties as if you were using more traditional financing (20-25% down).

This will provide a better reflection of the property’s true market value based on its current use.DM me if you need more insight

I love the why and your current game plan.

Lenders unfortunately don't want to foreclose on a home with 6,7,8 homes on a property that's a true single family home.

Also lots of sellers have locked in <4% rates and don't want to buy at 7% The above is all true, but that fact is not going to make the bond market push down mortgage rates.

Hi @Shan Randall,Welcome to BP and congrats on stepping back into the landlord game!

All insight is appreciated :) @Deja Clark LOVE your willingness to jump in the game.

This also may be a good way to get an in working for someone with more experience since being a new wholesaler who doesn't even know where to start makes it very hard to start.Also, don't start telling people you are a wholesaler before you have marketing going out, a small buyer's list, and at least one property locked up because everyone wants to be a wholesaler, but it's not actionable until you are in the game.