I've been in the game for years and am an Investor, Realtor, Property Manager, and Contractor wrapped up into one crazy ginger-blooded dude.

While working a full time job and sleeping 4 hours a day I was at my house managing and putting in a lot of blood, sweat and tears.

The primary one being that investors can some times be out for blood.

So once a "wholesaler" realizes there is so much money left on the table in the business model, they immediately look for ways to keep more of it.Some keep and rehab, some refinance out and hold as a rental, I close and sell on the MLS.My point is, wholesaling is a temporary job that happens until they have something better to do, which usually takes building up a little cash or making the right connections.That is why there are 1 million wholesalers and very few good ones.Because the second they are any good, they have enough cash or connections to find a better model to monetize the deal they found.Let’s face it, finding deals is the hardest part of the game, and when someone gets even halfway decent at it, they are going to stop giving them to others until they have gotten as much blood from the turnip as their little hands can squeeze out.The reason everyone is searching for a "good wholesaler" is because wholesalers are handing out free money.If you have the ability to find and give away free money, you won't be standing on the corner doing for very long because (i) you realize you are giving away money (ii) someone else will realize you are a leprechaun) and stuff you in their trunk.

Hi Alex,You could do this in theory however your issue is the co-signor co-borrower relationship usually FHA will only allow blood relative (maybe your cousin, brother, sister, aunt, uncle but friends will be hard but "not," impossible).This strategy is usually called the kiddie condo strategy because parents would at times want to participate in the real estate market when their kids went to college.

I did work for them many moons ago so I might be biased but the reason I really like them is my Scottish blood likes the price.  

Limit it to 3 People unrelated by blood (Usually good)Advertise as quiet and perfect for Grad Students.Require the largest deposit allowed by law.Also... check city ordinances. 

Everyone thinks blood when they say its transmitted via bodily fluids.

Thanks for the "visual" (lol) AND the inputAfter all the chaos between banks and the government, with the latter re-writing the "rules", it makes my blood boil every time a realtor tells me, 'the banks ARE IN CHARGE!'

By the way, they told me that I could only rent it out to family and relatives related by blood.