"You’re Taking a Cut as a Middleman, Making It Worse?"

I would assume a greater emphasis on quality of materials and workmanship (and consequently higher rehab cost) for a rental where the investor will have to deal with the longer term implications of any corners that were cut.

And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.

I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.

@Joshua Lanzieri when renovating older properties there are almost always negative surprises.Go watch any HGTV renovation show and most of them will have this as a cliff-hanger, forcing the choice of either going over budget or cutting back elsewhere.10% overruns happen often, but 50% is NOT acceptable!

Now there is clear cut law that if wholesaler does not follow the rules they cannot tie up EM or cloud title etc etc..

He probably took a cut in the middle and figured it was easy money. 

There is always SOME manual work, but you can cut out a lot of the back and forth-- definitley.

My guess is also a leverage cut due to ARV, but you never know. 

That doesn't cut it for me.