Here are some reasons why the wholesaler pricing may not work:They do not understand how to calculate the rehab or the ARVThey are NOT the party under agreement with the property owner and are part of a daisy chain with another wholesaler (or more than one).

-your first few years after a purchase are typically a stabilization period, and you IN-vesting your money into the property. think about how long it will take to recoup all the costs i just mentioned.

If the plan is to live in the property, a traditional hard money bridge loan will not work.

@Samantha Stephens my experience is the property is only available for those will OO to bid on during this period.

Was is secured by the property? 

Investment Info:

Condo buy & hold investment.

Purchase price: $65,000

Cash invested: $65,000

Sale price: $170,000

rents for 1,800/mo

Despite all that, I did visit a couple of nice neighborhoods (not many) and if the properties you're looking at happen to be in one of those, you're at a much better spot than what I have described above. 

We have 5 properties and own some and host some.

I also have friends that are licensed agents and flip properties that do great.

Is buying a new owner occupied 2-4 unit multifamily property every year using 3-5% down payments a good strategy to scale?