Be ready to move fast because wholesale deals do not last long.Another great way to find deals is by buying directly from other investors.

Happy to give you a quick background about the market.The median home price in the MSA is about $350,000, but you can find plenty of rent-ready properties in suburbs north of the Tennessee River for under $250,000 or under.

There are really great REI opportunities in different markets - markets in the Midwest and Southeast of the country are particularly lucrative - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.

Ready to push the Go button when we decide.  

Spent lots of time getting a Virginia lease ready and want to back off the mgr but wondering if I should just go with it.

Hi Leo, its been years since I closed on a HUD property but you close on the property as soon as title is ready like any other property.  

I focus almost 100% on my pad ready land cost to come up with profitable deals. 20% of gross development value is the most I will pay for land.

Option 3: Pay large down-payment on modest rent ready house. 

Each one with separate addresses and utilities.We originally put $585k of our own money into the project, and by the time we were ready to go to market in 2023 we were into it for about $2M (the pandemic really threw a wrench in our timeline and costs but also greatly increased the value).

Have a hard money lender ready in case you need them.