You may not get the first property you offer on because if it looks good to you, you will probably have competition so start offering on properties that fit into your personal investment philosophy and meet your minimum financial requirements. 

They also have a good understanding of different lenders' appetites, and thus can save time by filtering out lenders that won't be competitive. 

Here are some recommendations: Local Banks and Credit Unions: They often have more flexible lending criteria and can offer competitive rates for investors.

Research competition  and determine their profitability and how much they spend on marketing, how many employees they need, and how much time the wholesaler needs to devote to the business.  

The lack of communication is typical in this business and a reason why we opened and have done well. 

This is a new venture for him so I'm not super surprised at the lack of feedback out there. 

Depends on really what you are looking for:-Speed - some HMLS can go "no appraisal" so can close very quickly and beat cash offers if you are in a competitive market to buy-Interest Rates - can range anywhere from around 8% to 13% (same with "points") but not usually as huge of a concern for flippers since the terms are so short-Leverage - depending on your risk appetite / capital - this is also a top concern for some (almost always over and above rates/fees) can see anywhere from around 80% LTC to even mid 90s LTC (including 100% of rehab budget)

Even if a family has high coverage, the insurance adjusters still want the lowest option so it's important to also be competitive. 

In my mind lack of communication or too slow of communication is just common with these types of investments with many companies..

After identifying the property’s potential, we negotiated a competitive purchase price of $28,000 by highlighting its renovation needs.