Ok, I’m sure I’ll get a lot of blowback for writing this but why is there a growing belief amongst the BiggerPockets community that wholesalers are the gatekeepers to good real estate deals and critical to your overall success?

- BTW: all attorneys are NOT equal!

I would be equally as cautious, if not more, of using any equity based LOC as a means to privately lend to flippers. 

The more leverage (debt) that is applied to a property or deal, the more cost savings you will get up front relative to the equity you put in.Let's say you buy a $10 MM dollar deal that has $3 MM of year one depreciation.If you used $7m of bank debt and only $3m of equity, your year 1 deduction will equal the amount of money you put into the deal!

When it comes to 2-4 units not all markets are created equal. the northeast and midwest tend to have a lot more market for these properties then do newer areas of the south and west. 

A 30-year fixed rate mortgage is currently sits around 6.6% interest:All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

@Edward Heavrin not knowing anything about your financials I would suggest you first have cash or equivalents equal to your debt.

Too many new investors blindly copy due diligence checklists from the internet, assign equal importance to each item and blow up deals over nothing.

It equalizes  the playing field allows anyone with grit a real  shot at the American dream.