The property was well-located and priced under market value, offering a clear path to profit without needing significant renovations.

The best advice I can offer is to focus on building connections.

Strategies include offering owner financing, allowing trade-ins, or providing lease options.

FYI this is reason #42 why I only offer MTM leases. 

I’ve had several investor clients go with a new (to me)/ unproven lender because of a slightly lower rate promise only to get burned by that lender (closing costs were higher, appraisal costs much higher and appraisal was a nightmare, main point of contact gave us the clear to close as we passed our financing contingency then just before closing someone from the underwriting department we previously didn’t know existed said we need a few more days and seller didn’t agree because they had a higher backup offer, jeopardizing the earnest money and losing the property, etc).

Start with a rental that has modest rehab requirements such as updating kitchens and bathrooms and make sure you qualify for permanent financing through a lending source that offers interest rates similar to that of  a bank.

My goal is to learn as much as I can, connect with experienced investors, and start building my portfolio.I believe wholesaling offers a great opportunity to get my foot in the door without the large upfront capital required for traditional investments.

Found them on fb along with a few others offering 30Yr DSCR rental loans. 

I am a very communal, tribe before self type of person even when I have such little to give I offer what I have for the good of the team.

If the numbers don't work after taxes, you've got to be prepared to walk away or get creative with your offer.