Easier to ScaleWith less reliance on deep-discount deals and cash buyers, I can scale novations faster than traditional wholesaling.Final ThoughtsI’m not saying wholesaling is dead, but novations have helped me close deals I would’ve lost before.

I have a client in Garwood right not who is getting over 50% higher market value compared to traditional LTR by usign MTR strategy (I see numbers like this throughout North Jersey). 

Just like traditional buildings you have to be careful.

Combining private money lenders with traditional/DSCR loans can be a strategy.Private money lenders may provide the 20% down payment in exchange for interest-only payments over a specified period.

Like a traditional mortgage.

What tools or methods do you use to verify income beyond traditional documents?

@Samantha Bartlett Yes, you can get a second FHA loan if you buy a home for your child as a non-occupying co-borrower, but your child must live there as their primary residence, and you must meet FHA guidelines for a second loan.An FHA 203(k) loan combines purchase and renovation costs into one mortgage, making it ideal for fixer-uppers.Pros: Low 3.5% down, renovation funds upfront, and lower rates than personal loans.Cons: Strict FHA renovation rules, longer approval process, and mandatory mortgage insurance.It’s great for homes needing major repairs, but if updates are minor, a traditional FHA or conventional loan may be simpler.This post does not create a CPA-Client relationship.

My thinking is that a builder could leverage the seller financing to construct a home without traditional acquisition financing, sell the completed property (likely well before the 3-year term ends), and the seller would be paid off at closing of the sale.

I enjoy investing in traditional single family homes, as I’m not sure the appreciation potential of tiny homes is the same as a traditional four walls and roof building, but could definitely be a short term rental niche worth exploring!

You want to build a long-term portfolio, but traditional financing seems out of reach.