I called a friend of mine who has access to the MLS and he said there's been a lot of transactions with the property over the last year.

Mortgage Brokers also have access to hard money lenders and may be able to tap into those resources as well and may be able to help you identify a few hard money lenders that you can contact.5.REIA – Your local real estate investment association (REIA) is an excellent place to grow your real estate investing business.

I have talked with the local hoisin authority in my area and the have a large shortage of handicap accessible homes.

You are still able to access the money on the cards like a LOC but it is a little more complicated.

I see that you said you have access to the MLS.

I wanted to have all the tools agents have at their disposal (mostly MLS and lock-box access, handling of contracts, etc.)

It is not difficult, you just have to think outside the restrictive box.I am getting the impression from this blog that many new comers to the real estate industry are less willing to expand the restrictive box.

Second, some REO sales have deed restrictions that effectively eliminate the opportunity for a 'wholesale' deal.

If you have MLS access you can look at data that way too.

So, not sure we can assume appreciation getting equity..... eventually....You can justify the buy as an earning asset, cash flow without ever having any equity, plus on the income statement, downside on the balance sheet, would that cause any restrictions on future loans....it could.