Quote from @Jonathan Greene: What you are proposing is a theory, it doesn't make sense in real life.

@Nicholas A.happy to help - can you give us more info as @Jonathan Greene pointed out? 

Quote from @Jonathan Greene: You have a good attitude to start and the fact you are thinking about the legality of the business of wholesaling means you are ahead of 75% of all who do the business.

If anyone reads this and you live in Milwaukee, Madison, Green Bay, Appleton, Fond Du Lac, Eau Claire or anywhere else in Wisconsin please join the Rental Property Association of Wisconsin (RPAWI.org) which is a non-profit that fights for investor rights in Madison!

I know it hurts, but this criminal needs to be put behind bars... 

To get 80% cashout, without seasoning, the bar for credit and DSCR is higher AND so is the interest rate.

Inventory is still pretty low in most markets so if interest rates come back down it will probably continue being a strong sellers market in most places, barring a real recession. 

I would connect with @Josh Green, he has done a few owner financed deals in the Tampa Bay market and is a master negotiator!

It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents continued the up trend as expected.

If you are, or are not, or possibly just need someone that might be able to better assist you, I recommend reaching out to @Josh Green.