When we take a property off of our books, owners usually want a payout right away, but we have to hold some of the money in escrow to make sure we can pay outstanding utilities and bills that haven't been submitted yet.

Where I am the contract is not valid until the EMD has been received and that is usually within 24 hours of submitting your offer. 

Yes for sure - I have an article and youtube video version breaking down the "buckets" of financing options for Multifamily depending on 2-4 Unit Bucket, 5-10 Unit Bucket and 11+ Units - all are very different - I don't think I can share links here but if you DM I can send you the linksI also published an article last year on "small multifamily dscr loans" which should also be helpful!

The goal in the future is to get the permit and add the value for a future refinance.I have called the county and building department and they said that I will need blueprints of the alterations and submit them for approval and get all the inspections in place (I know this will be a headache and can be very costly).

He had a great video explaining the system, but maybe you have to see the link in the ebook.

Success usually is a combination in varying amounts of hard work, good decisions, and a some luck.When arbitrage comes up on here, as it often does, I am usually "gloom and doom" playing devils advocate because the OP is usually on an emotional high from watching a YouTube video about making 6 figures overnight doing arbitrage.I started my business in 2016 with a high end arbitrage, then began acquiring my own, and lastly into management. 

Hi all,I recently posted about this topic and unfortunately did not receive any responses.I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?

Still believe that:1) With 3D Tours, floorplans and walk-thru videos (taken & shared by listing agent with buyer agents) there's little need for an investor to physically see a property.2) Agents should better set expectations with investor buyers, so they understand that with #1 above and a great inspection, there's no need for them to physically see a property. 

I had a real estate agent to submit the deal for me and help get everything closed.

We sent them the photos and videos to back up the invoice and they have decided to block our emails and calls.