Get copies of their written reports.

The $1,500 net cash flow you mentioned represents a tightened rental return that could provide consistent passive income.

You will be required to get a foundation inspection report on top of an appraisal and you are required to pay for both.That is why I said make sure you do your research because if you pay for an appraisal or foundation inspection report and its not within guide lines you will have just wasted anywhere from $650 to $1000.00 non refundable.  

The best part is there is no ownership seasoning period with one of these lenders and they don't report to personal credit.

Not alot of confidence in any existing rentals as consistent indciators but I feel like so many homes are 1/2 rentals and don't tell the whole story.Anyone have any insight into the Cashiers/Highlands/Sapphire/Lake Toxaway markets to share? 

Profits during the partnership can be shared based on the agreed equity split, with income and expenses reported via K-1 forms. 

Hello everyone my name is Omar I’m 24 ,just recently came across wholesaling  and I started doing some research on it and it seem like it’s the best option for me now to get my foot on the door and eventually start doing flips down the road. since I’m new to wholesaling and barely know anything about it what books, YouTube chancel, podcasts, even a course that might help me get on track and learn the fundamental of wholesaling.I always come across some type of strategy of real estate that I might consider to pursue but I never end up staying consistent and taking action but my goal is just to learn about wholesaling and find a way to take action now.

Hi @Ryan Harrell in each case w/ a lender does a credit check (report - score) has to be undertaken?

I think I have been very consistent with Mr.

Keep records of the payment timing to substantiate your reporting if needed.This post does not create a CPA-Client relationship.