Personally, I wouldn't open up a home that isn't in good repair, from a liability standpoint if nothing else.

Personal money How did you add value to the deal?

If the person stops making payments, they alas,  have to foreclose.

Hey @Cameron MarroPersonal Loan or Line of Credit: If you have decent credit, a personal loan or line of credit could give you access to the cash you need for renovations without using your property as collateral.

I personally don't like exclusive by agreements.

As long as the money went from you to the title company it should be under your name and still belong to YOU until there is an agreement to release it. 2.

And what if the one person you didn't check has a criminal background, has collections, and more?

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

They say the average amount of water per day a person uses is 80 to 100 gallons , Lets call it 60 to be conservative .

Told them to do a drive by and call me back with an offer :)The person who called you probably just spent $15,000 for mentoring and “education”, and is now in panic that his 250 cold calls have not produced anything .