Everything I see for the northern VA area and beyond market is just so unattainable; it seems like unless you have a down payment, that is way way way more than 20 percent, there is no way to get any positive cash flow.

How did you find this deal and how did you negotiate it?

There are a lot of hotels right now that are failing and going under due to low cash flow -so its a failing hotel.

Good for the old tenant and I wonder who thought it was a good idea to do this to people.

Hello all, i plan on doing a refinance soon on my duplex.

If it was purchased cash you can do delayed financing immediately, but it would be based on your total capital invested not current appraised value. 

I was talking to a RE friend.He said it's a bad time to buy* rates are high* homes are expensive in most marketsLooking to hear some counterpoints. 

I understand as someone new to real estate investing there is a lot to learn and even though I have read many books, until I do it myself for a few years, I will be far from an expert.

So to understand why I would do what I'd do if I was starting today, I think its important to understand what I did do. 

Why do you want to wholesale something that is on the MLS?