Do you have any properties yet, or are you still looking to find the first one?

Do I need a purchase and sales agreement if I have an off market deal that the person wants to hold off selling till February?

Purchase price: $150,000 Cash invested: $100,000 I have rented this for 4 years now I am renovating it for an Airbnb now once on airbnb it will do 10-20K a month What made you interested in investing in this type of deal?

The right wholesaler that knows how to properly calculate a SOW (scope of work) to gain the rehab budget, generate an ARV from local comps and not want to get rich on every deal is NOT easy to find....but, they do exist.

I think it's pretty clear it disincentivizes new construction or encourages landlords to find ways around it.However, I do believe we could do better in areas for encouraging new construction with zoning reform and other tax incentives.

@Corey Block You may want to talk to a few companies who do this sort of thing in your area.

If you buy the house, do you owe both a fee?

Because the builds do exist.

I mean, once we get off-market property and do some rehab, we can force appreciate it, but what about the later natural appreciation?

To do that, I was intending to sell some stock (75k to completely pay of home 1).