@Wade Wisner -  Most of the notes that we purchase we keep in our portfolio and borrow against them with private capital.

Too many newbies seem to think they can blindly follow "old" advice in today's real estate market and be successful.Many, basically get taken advantage of by those in the industry that have an incentive to keep newbies blind to new realties, just to keep their good times rolling.What many newbies have figured out is that they can't make the numbers work on rental purchases in their states - like California, Arizona, New York, New Jersey, Washington, etc.What they have NOT figured out is that if they go to cheaper markets, they aren't being shown Class A rentals to buy.

I have helped many investors purchase LTRs in Little Rock,AR, Memphis,TN, and OKC.

I've not yet invested in my first property, but I plan to purchase my first one by the end of 2023.

Purchase price: $275,000 Cash invested: $294,000 Sale price: $355,000 The property is a 2 bed 2 bath with a den and a 1 car garage.

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

If the Tenant fails to obtain or maintain renters insurance as required, the Landlord may purchase a force-placed liability insurance policy to protect the Landlord’s interests.

If you’re just graduating and don’t really even have a job lined up then I think it would be foolish to rush into the purchase of a property right now.

It allows you, the wholesaler, to transfer your rights to purchase the property to an investor.

I have success in helping my out of states and foreign investors purchase properties with this type of loan.