Hi Rod, The local bank's $200K cash-out refi at 6.875% isn't perfect but clears your HELOC/mortgage, provides scaling capital, and leads to a commercial loan for 5+ properties, solving your DTI issue and unlocking a line of credit for future growth.

It is all about networking and hands on experience which will lead you to close your first deal.

So, I am looking at postings near train stations in NJ, but often I am getting negative cash flow when doing calculations.

Inherited tenants are usually a negative, however in that area leaving the duplex totally vacant makes it a target for thieves to come in and steal your pipes, furnace, and hot water tanks.

The BIGGEST mistake wholesalers make is diving into lead generation before you have anything set up to convert those leads when, and if, you DO find them.What is the point of trying to reach out to prospects when you have no system set up to convert these prospects into leads?

Over time, this can lead to significant wealth creation.

The other picture (with the green boxes) is the return for possible scenarios - MTR, STR, LTR - but all have negative cashflow.

Now with bookings slowing, many of them may be overwhelmed with the negative cashflow.

In this case the offer is only to dive into this one project - I already have 2 protégés).In summary, near rent ready retail units at high LTV have large negative cash flow.  

It’s hard to find a lot of negative reviews as they’ve gotten Reddit threads removed and pour in fake reviews on sites from employees, family members etc. it’s not that hard to do a quick google search and see.