In the unlikely event that you are the exception that proves the rule, the rare 18 year old who can actually generate a serious income by wholesaling real estate, your day to day will look like the following: - You will door knock, cold call, send mailers, and otherwise create lists of people who are in the most desperate moments of their lives. 

These are the options we are trying to decide between… thank you in advance!

Lots of people in higher risk zones are seeing 100%+ or even canceled policies with no option to renew. 

What REI don't get, is equity is actually what you are paying for a property. 

If you can buy with 20 percent an hour away, as you said, that seems like the best option if the finances and numbers work for you.

The credit thing should not be an issue for many DSCR folks like myself. 80% ltv may be an option, but,I have seldom found the tradeoff in cost/rate to be worth it in the last 12 months. 0% origination is possible, but, as others have said compensation is received in one fashion or another (higher rate, processing fee, etc.).

It looks like "Good Egg" is simply an Entity that collates funds, and then invests those funds on your behalf with the actual sponsors/general partners that actually purchase the properties, get the loans, manage the properties and distribute the funds.

You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!

Hey @Mike Williams, we actually have a lender in our network that can get this done.

Your credit score will be worth improving to acquire better financing options.