Because the number of qualifying risk/return deals is just not large enough to handle that amount of money at one time.

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

A successful STR needs a good bit of cash upfront and if you’re doing a BRRRR then even more now for rehab.  100% financing everything and the rehab is not advisable unless you’re a very skilled and hands on STR investor.  

Skills or qualities in no particular order: Communication, patience, empathy, listening ear, backbone, resilience, determination, organization, work ethic, lead a team, thick skin, time management, trusts their instinct, and all-around good ethics! 

Wholesaling teaches you an extremely valuable skill in RE: How to find off-market deals.

This not only defers the taxes on the two rental properties but then once they live in the primary residence for at least 2 years that home now qualifies for the Section 121 exclusion on the gain.

Not having experience qualifying prospects I would think that the leads you would get from here, if any, would be..... challenging. 

We have the drive to achieve whatever we put our mind to, the skills to create a very unique and desirable space, and the finances to back up our investment.

Law enforcement is now targeting third parties involved in “cooking the books” that “force by fraud” qualify clients for Covid-19 relief.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.