I'm a real estate investor and builder in NY, and I'm exploring new approaches for partnering with wholesalers.

Have you ever had a client or partner misunderstand 100% financing and expect it to cover closing costs?

You may find a partner to get into your next deal OR you could find someone that is scaling with little capital.

The CO check is something my partners and I do as a pre-req on NYC properties and for sure will be something I'll be doing for anything outside of NYC.

The company is netting 70-80K a year (This is split between my partner and I) so obviously this isn't something right now that I can live comfortably just yet to step away from my full-time job.

I’m quite certain I gave up some returns, but I hoped to take out some of the risk by “partnering” with these providers.

Consider bringing in a partner who can help fund the rehab in exchange for a share of the profits.

Through agency debt at ~67%, pref equity from an institutional investor and common equity from our investor-partners.

You may be better served fixing your credit rather than involving an equity partner at this early stage of your investing career.  

Most also rely on beefed up rents and unrealistic operating expenses in their pro-formas to justify higher sale figures and can generally take advantage of their investor clients who are not familiar with the nuances of the market.Again, my recommendation is to be more active with your earliest investments but if you feel so strongly about a particular market network and partner with the leading developers  in that  market.