I’m looking to find all sorts of people to work with, contractors, agents, private lenders, staging businesses.

We also allow users to amend a post at any time with additional information.We have no plans to change how the forums work as it pertains to the deletion of posts.

Current tenants are coming up 3 years in the house with no plans to move.

By using their ability to raise capital, I overcame financial hurdles and got access to great investments.Like any business, syndication came with challenges.

Working this backwards, what I see is a 3rd party trying to benefit from another’s house via rental cashflow, My only business is 30+ years as probate estate and trust lending in CA.

REALITY CHECK: THIS BUSINESS IS HARD.Wholesaling and buying houses off-market is a sales game—and sales is brutal.

Make sure your lender supports your long-term plans, as refinancing early can be tricky with DSCR loans.

Are you planning on using that cash you pull out for the full purchase or are you considering that a downpayment? 

I'm closing on my first single-family home in the Memphis area, which I plan to turn into a long-term rental.

Here are my two cents...I recommend starting in a market with strong fundamentals, such as steady population growth, an influx of major corporations or large businesses relocating to the area, an affordable cost of living, and high rental demand.