Since the rent roll was too low, she had to secure financing through a private lender that based the loan on market rent rather than the current rent.

.: Quote from @Don Solt: Hi folks, As the topic states I'm looking to learn everything I can about the City of Philadelphia and its real-estate market.

Is Phoenix a good market?

Don’t forget. 2024 rent cap was 8.9% so you may never get “market rent”.

However, many states now require some version of a license to wholesale, so I'd identify a market first and then dig into their specific wholesaler requirements. 

- Will they search for off-market properties for you?

Know your market cap rate and you can quickly determine whether property is worth a closer look. 

From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

I think it's the best market in the whole country in my opinion.

For me it’s building connections with buyers in a new market.