Furthermore, some lenders have rate lock protection from their secondary market buyer, which means the buyer has to legally honor the rate.

They basically are requesting private lending for their rehabs, say 35k, with a promise of a 60% roi in ~50 days with a committed buyer the ARV.

The main reason is other buyers who are better able to pin down operating costs will either outbid you because they have their costs right, or you'll outbid them because you have your costs wrong. 

If you're the buyer, you don't sell the note.

So if loan due in say 3 years you would need to create 600k in 3 years or sell the property.With limited years left on lease for primary you would need to start saving big chunks of money now because buyer will want higher cap rate to purchase.

If you find a good buyers agent, they will know all of the wholesalers. 

June 2nd, 2023State Farm and Allstate have stopped selling new insurance policies to California homeowners, erecting a new obstacle for home buyers.

You need to study the IRS rule on First Time Home Buyer's.

@Griscel MacielIt's probably more ideal if you could sell all four properties at once to an investor for convenience, but that will be a smaller pool of potential buyers.

Fix & Flips can be profitable too, but the key is knowing the local buyer demand.