Thanks,PatrickDear Patrick, thanks for reaching out to me with reference to the vacant lots I am buying in several states.

If you're unfamiliar with the strategy, reference the forums for further insight.

"Wholesaling" does not refer to the assigning or offering to assign a contractual right to purchase residential real estate.Since every word of a statute has to be given meaning, the last sentence is a clear carve out for investors who assign contracts and offer that interest to the end buyer.

I had 125% inputted for Repairs and maintenance, 75% for Vacancy and 125% for Capital Expenditures 😅 just switched them all to regular percentages and it's now showing negative $1,030 cash flow with $3,530/mo expenses.

I know which product that you are referring to. the conventional mtg product has the following features. 1. minimum 15% down payment 2. 30 yr fixed term 3. rehab and repairs can be included in financing 4. borrower can be a first time investor. 5. no prepayment penalty. 6. the contractor will receive an initial draw at the closing table. 7.

When you say cash, are you referring to debit cards, or actual physical cash?

You never know what someone is actually referring to.

I enjoy managing my own rentals and like being able to regularly visit my properties.

not excatly sure what Chris is referring to.. but I have done Many participation DT/Mortgage and prom Note over the years with small developers and builders .. your kind of doing the same thing..

Without the SSN the ability of the CRA (consumer reporting agency) to cross reference information is hindered.