Is the way these lenders do business?

In the last 2 months I was receiving a lot of deals in my email account and I received a "great deal" from a small wholesaler; 2 hours later the same property address showed up in an email from one of the "big wholesale companies" 10k dollars more expensive... the property was gone even before I could call the small wholesaler.I believe both are useful and all of us need to make a living, so I understand their role in this business.

Have asked a question or 2 on here but have disappeared a few times. 2024 was a busy year for me.

I highly suggest getting your feet wet in your local market if possible if you plan to rehab or manage the property yourself.

How much rent are you getting and are you planning to buy more properties?

Sounds like a great plan. 

This is quite an easy business to scale.   

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

Super easy to setup, yoand they offer a security deposit trust, client trust, and operating account with their package. https://www.enterprisebank.com/business/property-management

Now most of my deals are a combination of our business money, bank money, hard money, and private money.