They work well for the houses we work in 100-500k.

Suppose they say "No, sue me."

As weeks go on, why would a tenant ever pay if there’s no threat of eviction?

Hey @Matthew AllenIt’s a creative strategy that could work in the right circumstances, but there are some risks to consider.

No additional statement was made that it would be at their expense.

People just need to accept it's smart work, timing, etc. to make millions, tens of millions ( no magic pill).

If it's uninhabitable or in need of major repairs, that's a no-go for DSCR. 

@Daniel Cisneros No i didn't sign up with him.

I have about $300k in equity (based on a BPO performed in July 2023) but no cash.

There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.