Let me know if you want to chat more about it or need specific model ideas!

Look, if you are looking for a bank with "no foreign wire fees" thats quite a stretch and I'd advise tossing that idea out as it will keep you on the sidelines. 

Here is a revised version of this post, updated December 2024:https://www.biggerpockets.com/forums/51/topics/1223547-expla...

We don't know whether a presidential idea will be implemented at all.

They can pull up comps for recently renovated or new construction properties from the MLS to get you a better idea of a realistic ARV.

If you're expecting property owners to sell their home to you at a discount, you'll need to earn their trust - whether that be by demonstrating a successful track record with purchasing/selling similar deals OR by meeting them face to face and separating yourself from the dozens of local investors and realtors.Lastly, I'd recommend searching past posts related to this topic as well as checking out books related to your target investment strategies.All the best!

Any idea why??

It’s what I used to do for family and business partners—helping them set up projects to scale and run efficiently—and I’m excited to apply these skills to my own portfolio.Let me know if you’d like to connect further and chat about ideas or collaborations.

When you mentioned you did your homework on the turnkey property, if that were the case you would have had a really good idea what the property was worth before you offered on it (of course sparing the occasional rogue appraiser, which may be what happened to you... idk) and certainly before the appraisal.

Why, I have no idea.