Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

In the “old” days, people would have the seller pay the lender so as to not “alert” the lender that a property sale had taken place, so that the lender def wouldn’t trigger the so called “due on sale” that’s a part of almost every mortgage or deed of trust document.  

Just remember there are less people that can afford the 1 million dollar plus houses than can afford the $300 to $400 thousand dollar houses .

So they would first payoff the first mortgage, if there is a second then $ goes to the second and if anything above that goes to any other lienholders or the homeowner.There are a lot of people who invest in 2nd mortgages because they are cheaper than a first, but in Ohio (not sure all counties) you have to pay off the first at foreclosure so if you do not have the money to pay off the first you are out of luck. 

A lot of people spend their time doing this, but it's not a good use of time because it can not teach you anything relevant without seeing each one in person.

I don't understand your point? 

The buyers I resonated with, who I believed in as operators–those were the people I was willing to be flexible with.

Hi, I'm planning to start investing in mobile homes. At first, I want to purchase 1 mobile home to fix and flip to learn the process. I have a few questions and would love to connect with others who have experience wi...

No matter what anyone thinks about wholesaling in general, this is a great way to get your feet wet and to understand and learn acquisition.

We are seeing people move from higher cost of living areas like Raleigh, Durham, chapel hill, and even Greensboro.