Hey guys thank you so much for your responses I truly appreciate the time you took to respond with such great detail.

Too many investors waste time chasing bad deals, overpaying, or relying on outdated strategies. 

@Sophanara Khoeun you mention that you have no time as you have a 9-5 job - so, do 99% of investors!

It’s their full time livelihood to make transactions happen.  

Can your first payment be in 90 days, so you have time to rent the property?

Just as bad as the posts you see from time to time of the grandchild wanting to work out creative financing to buy their grandparents house below fair market value.  

I come across SFR in other states from time to time direct to seller. 

Lenders or investors who have short lock up periods but have years of experience feeding their business with new capital would give me more comfort but anyone who is just starting and is promising a rate of return or return of capital in a set period of time would be alarming because they very well could be reliant on fresh capital to make good on that promise and that usually ends poorly.

While I don’t have experience wholesaling myself, I’ve worked with both first-time wholesalers and seasoned pros on their hundredth deal.

The other thing I have learned over time is that the clearer your vision is, the easier it is to get there, so CLEARLY defining the location, type of property, purchase price, renovation amount, etc. etc., will really make a big difference.