In the program, it appears that you offer a Pre-Loan Application-- perhaps this is how the program is legal?

My spouse only makes about 45k pre tax and I essentially cover most of our living expenses except for groceries. 

Personally, in this market, I would work on saving up and really doing my best to find a great opportunity and pull the trigger then.

Exactly if its a hot deal cash just means you beat out the next guy who needs financing does not mean deep discount .. at least in markets were RE is sought after.

The modeling of this is actually pretty easy (see link: 42-unit proforma sample), but my model treats the pre-refi loan as I/O, but that can be updated based on your deal.

Quote from @Jake Gasperi: I’m new to wholesaling and looking to learn more about the Des Moines, Iowa market.

Selling to you could begin to feel like an appealing alternative to dealing with the hassle of re-renting the home.If they’re open to selling, you can share what you’d be willing to pay based on your research and pre-approval.

Any changes in federal spending could influence the job market and, subsequently, the real estate market.4.

Beyond that, real estate is largely local; in my market we are not seeing anywhere near those numbers.

I received immediate, good response to my marketing on Zillow, Trulia, and Hot Pads.