Shortly thereafter, I got an email from the title company that was handling the closing of my second wholesale deal.

This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

When ready, start with a small property, near home, with enough capital in reserve to handle adversity.  

How do you handle organizing this?

From a personal standpoint I target 70% LTV for any investment I have that way gives me ability to sell it if I need tooI'm Canadian so it a T4 up here and yes I'm I high earner who can handle vacancies if need be. 

I’ve handled almost every aspect of renovations myself—plumbing, tiling, painting, drywall, and general construction.

If you ever decide you want a more passive approach, there are turnkey companies out there that handle everything for you.

Can you talk to someone who is being foreclosed and handle a discussion like that?

.- Risk Awareness: Flood zone designations still help people understand general flood risks in their area.Elevation still matters under Risk Rating 2.0, but its role is handled differently compared to the old system.Under the old system, elevation certificates were often required to calculate insurance rates.

I shared with my loan officer that I was “unimpressed” with the way underwriting was handling my file after declaring it complete.