Again live there for a year or two while we save funds for the next property.The next property would be a bit larger, it would be bigger than a four-plex I believe a commercial loan would be required?

Hey everyone,I'm new to wholesaling, and I believe I'm ready to go now.

I believe the property can use some work and renovations as well as an increase in rent.  

Luckily I will be doing this on a full time basis and the many years of project management experience in Oil and gas Services contracting should be of some help.

I'm always a believer in finding the highest and best use of the site. 

Yes, that 3.5% down payment is amazing, but if you can boost it up to 5% and get a conventional mortgage, then you get to do away with PMI after proving you have 20% equity (I believe some mortgage lenders require 25% equity to dump PMI). 

Complete this and repeat.I really want to believe that we had an ahha moment thinking about these scenarios but I want to ask for the anyone to poke holes through these thoughts.

I believe one of the reasons is that most of the agreements were verbal agreements.

I personally focus on sandwich lease options which I believe is the best option for short term cash flow.

Take a listen to the BP podcast above with Zeona McIntyre - she started renting out to Airbnb and I believe she runs a management company now.