Similar low maintenance, they aren't subject to Condo laws, and you could get financing much easier, particularly FHA, unlike condos.  

There simply aren't enough of either of those things in regards to the wholesaling profession. 

So going with the idea you aren't going to live in it, at 20% this would mean you could possibly buy a $150,000 rent-ready house if your DTI and credit score are good.  

lately, I’ve been thinking about many different strategies regarding real estate.I originally did wholesaling for a few months but ended up stopping bc it just took up too much of my time especially with my full time job.second, I thought of having rentals but I was hesitant bc I live in NJ & the rental laws here aren’t the greatest and it’s hardly any deals that can justify for the rent to cover the mortage in this expensive market.Right now ive been thinking about possibly flipping properties in my own back yard NJ or possibly out of state where home prices are much lower in certain markets.Anyone have advice if I should possibly flip properties where I live in NJ (blue state) or possibly go into another market and flip virtually..?

Traditional HELOC aren't meant to be transactional, so those transfers need to be done manually which gets very laborious. 

Aren't the taxes for investments treated similarly as primary?

It is important that the designed purpose of the property is congruent with the rules and regulations established by the local authority in order to ensure its successful use as well as to avoid any possible inconvenience due to lack of compliance.

Looking to finance a 2-4 multifamily property to purchase near West Palm Beach, FL (or within a 30-45 min drive).Been looking on MLS, Crexi, Loopnet, etc. but either the properties aren't good (too expensive) or the people don't respond.

Why aren't floorplans available to be used in every state?

However, they've already mentioned a felony, which indicates they probably aren't the most clever scammers.