Now, if this is your 51st deal and you have a track record, have the ability to qualify for that end loan and have a trusting party to lend to you, that might happen. :)

They look to you, your ability, your experience and your credit to make sure they are not making a risky loan.You will need to establish a relationship and build up trust with a private lender before they are likely to take the plunge.You can try some hard money lenders, they charge higher rates but can be more focused on the deal.

It also depends on your risk tolerance and ability to contribute financially (but the latter is where being serious about your networking can really, REALLY help you)..

Look for the borrower's ability, you will be losing some that's part of it as there is no guarantee in no equity NP seconds, do enough and the winners will hopefully cover the losers.

If I had the ability and this deal was as good as your showing then I would look outside a "partner" investor and try to find some hard money...your giving up a lot of profit for the use of someone's cash.

Also, would this increase my premium or ability to get insurance for future properties?

I would recommend that you have the ability to send at least 500 bare minimum post cards or letters per month.

Your ability to sell it [at a profit] is dependent on other factors.Are you dealing with a non-performing note, a re-performing note, or a performing note?

Your wholesale business will thrive or die based on your ability to generate leads.

The condos' master insurance policy service crew fixed everything in my rental condo and I never saw a bill for anything.