Hey guys,This might be a super basic question, I'm still very new to wholesaling.I've been a Utah realtor for two years now and a beginner investor.

When they decided to inquire about the rescue fund they left me out of all of it then threw me on a call with the lender, rescue fund, an attorney they hired for themselves and a few partners.

Go straight into focusing on creative finance, subject to, and minimal cash down deals and build from there.I want to hear your thoughts on what direction to take here if you were in my shoes given these constraints (full time job and a few thousand saved) and you want to optimize for passive income first, then value appreciation?

8%-11% is pretty standard here and as someone mentioned it really just depends on how the company is run.

It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.

It is very important that the Wrap Mortgage is written at market terms using a knowledgeable attorney, an RMLO, and a servicing entity.These have risk and I'm not saying a new investor should go out and do them. 

Off market deals usually have nonrefundable deposits and a clunkier process that isn't as suited for out of state people until they have good contacts in the area to evaluate the property (mostly contractors that feel comfortable evaluating projects for you).

I live in the Las Vegas market and have investments and a real estate brokerage in Henderson.

But overall it looks like a great looking place and a nice addition to your rental portfolio.Good Luck!

If he doesn't move out you have to go to your county precinct office and file for eviction, at which time they will give you a court date and a constable will notify your tenant of the court date.