Only a small minority of people getting involved in wholesaling are in any way competent 10.

Its not that the operator does not qualify its just the banks by and large do not have that product.. what a lot of bigger players do is use their securities as collateral and pull loans through that avenue and those can be very good rates..

If you have the money find the top player for sub to in your area and partner up with them, just make sure you got a great attorney to help structure the partnership.

As a Broker, I don’t compete with my Realtors.  

I've seen 100 different structures. there's bigger players, more capital, a lot depends on the deal, track record, debt amount, returns, pitching to funds is way different. we separate construction financing and long term financing for the clients that build with us and help educate them.

Pros:Potential for Bargains: Auctions can offer properties at lower prices than traditional listings.Speed: The auction process is usually quicker than traditional sales, with a defined timeline for closing.Transparency: The bidding process is transparent, and you can see competing bids in real-time.Cons:As-Is Condition: Properties are often sold "as-is," meaning no repairs or warranties.Limited Inspection: There may be limited opportunities to inspect the property before bidding.Financing Challenges: Securing financing for auction properties can be more challenging and may require quick approval.Auction Fees: Be aware of any additional fees, such as a buyer's premium, that could affect the total cost.I hope this helps you out!

I lend money privately and would never consider this as it is dependent on things out of my control (permits, neighbors, you being a good host, rental demand etc) I sell a ton of STR that are in actual resort communities and have great amenities and they are all  competing for the same guests, I can't imagine that there is a need/demand for this type of unit.

If you keep slacking, people like me (that are brutally competitive, savvy and competent) will destroy your business!

Are you willing to start in less popular markets before competing with experienced companies using the big markets?

Find yourself a good investor-friendly real estate agent.Your questions span several competencies:--Sourcing properties--Helping find a contractor--Structuring due diligence contingencies--Assessing valueThis is what real estate agents do.