I closed 6 land deals  for my clients already in December alone..

Quote from @Jay Hinrichs:Jay, it does look like one of the strategies of this 711Rescue is to restructure the loan for their clients, but at 2x DSCR!

Hello everyone,My name is Matt Rulnick, and I am a Residential Real Estate Agent in Charlotte, NC.I was just introduced to this forum via an Investor Client, and look forward to getting acclimated and interacting with ya'll.If there is anything I can do to assist prospective buyers and sellers in the Charlotte, NC area, don't hesitate to reach out.Matt RulnickMatt.SearchCharlotte.com

For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.

Consult a CPA or advisor experienced in self-directed accounts to ensure compliance and maximize benefits.This post does not create a CPA-Client relationship.

Finally, double-check local demand and rent trends in the area to ensure the pro forma income is achievable.I’ve worked on several mobile home park deals as a broker and am currently helping a few clients sell their parks, so I know how important it is to ensure the numbers make sense both now and in the long term.

That is actually still challenging enough, as many clients have told us - in hindsight they were glad we talked them out of a full-blown rehab.

I have not yet but I am planning to look into it for a client in the near future.

As a broker, I "buy" a mortgage at a discount from a direct wholesale lender, then mark it up and "sell" it to my client to make a profit.

My partner's client is spending just under 200k for an ADU and will be renting it for 1800/m.