Closed my first wholesale deal in 5 years.

Many users in this forum set up "keyword alerts" and you should too to stay in tune with the strategies, markets, or other discussions that come up that are of interest.

Close costs/carry on both sides will be around $17k.

Use this time to save up and educate yourself a little better before making the next purchase.

Seller has $405k tied up in the deal, 2nd lender has $95k tied up and you have $0.

. - What driving factors should I take into account when l'm looking for an up n' coming hot markets?

It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).

No private lender I know would come close to that.

This was my slowest off season since the Great Recession (not counting Covid lock down periods) 2) when building up your reviews you will likely be best served by having a rate below market.  

@Stuart UdisSo how do a set up a LLC to protect myself from the chase glitch?