Wholesaling can be an alternative strategy in the real estate market, but its success varies based on Richmond's specific conditions.

Alternatively, you can sometimes sell the contract to a company like New Western, KeyGlee, Homevstors, Happyinvestor, etc.

This would be used as an alternative to the traditional wholesaler's assignment agreements.  

     For those that are interested in the rent by room model you may have heard the news.  Padsplit started up in Arizona at the beginning of 2023.
Co-living or rent by room is not new to Arizona.  Several investors ...

That said, you are far away and if you don't have any alternatives, then that's what you'll have to pay. 

Then once you have more experience if you want and your business has taken off and you have the 2 years of tax returns to then focus on the alternative forms of financing.

Alternatively, if they are undervalued properties that need some TLC you could go that route and force the appreciation.Hope this helps!

As a Realtor you might want to consider an alternative game plan.

In that I would not own the home in my name (the trust would) under those assumptions.Is this even a reasonable strategy to jump start a real estate investment portfolio, any alternative ideas are welcome.I hope I have stated this with enough clarity, Please let me know if additional information is required to answer the question.

When you counter, or make a substitute offer after the seller says no to your original offer, all you're doing is telling the seller your first offer won't your real offer, so the seller will keep countering until the squeeze you to death.Make one offer, no counters, no alternates, and they either accept it or they don't.