Always look first for marketable properties, you don't want to get stuck holding inventories.

The pay checks are tiny by comparison, but once you reach a large inventory it can become very profitable.

Sold a few to people who intended to live in the house and make repairs for sweat equity, that may fit the definition as well.I assume that those who buy programs finanlly figure it out, that being in the wholesale business means buying distressed properties and selling them to a limited market of buyers.....other investors.I suppose in Detroit you might have an inventory to work with but what puts a newbie in the business ahead of seasoned investors in locating what they want seems to be a stretch to me.My last flip was found while out getting some food to go, a guy was talking about selling his house.

I have an unproven theory that MFR are more susceptible to inventory glut / overbuilding from money rushing into these spaces to fill the need /demand for apartments.

Hi everyone; commercial investment is still a dream for me right now, but I do wonder how commercial investors find deals when inventory is a tiny fraction of residential property.

It's a good market, but things are tightening down on inventory.

I bought it in 2010 when the home prices were a little cheaper and there was more inventory.

It seems like this strategy will not work in my area due to low inventory.

I've used this a few times in commercial transactions as well, when a buyer couldn't swing the full down payment and used a second on their home or other property, including inventory, fixtures and other assets.As Rich mentioned (hi Rich) each deal is different but he could have done two amounts of principal under one note and deed of trust.

Pickings are slim at the moment in terms of inventory etc, hence needing someone specialising in Foreclosures and Short Sales.