The first type is more hands on, direct engagement with the tenant and the property, the other one is more hands off, and work at a distance. 

Now, you need to figure out how to find deals and pay for them.

@Jordan Miller most Class A & B rental properties bought since 2021 really don't cashflow from day one.Class B will take 1-3 years to start showing cashflow.Class A, 3-5 years.Current investors keep making the mistake of looking back at deals from 5-10 years ago when prices & interest rates were both a lot lower, but NOT rental rates.

If it is a direct lender you are able to work to find more favorable terms because they usually determine their terms on a deal by deal basis. 

@Brett K. we manage in Class C areas, so have to deal with this a lot.Options:1) Boardup - pretty useless as easy to rip the off and advertises the property as vacant.2) Armor Guard door frame reinforcement with temp double-key deadbolts.

I’m a new wholesaler I just wanted to know if anybody knows any title company that knows how to close on wholesale deals in nyc

Hi Vijay, Can you provide pics, the zip code and numbers so readers can evaluate your deal? 

What made you interested in investing in this type of deal?

I feel direct mail is another great method.

If you have mony in the deal and it is no longer bringing a proper return it may be time to move that money into another property that will return more.