No one will hand you a deal in the bay area unless you are a known player that has a track record of being a closer.

There are a lot of new players and it's hard to tell who is legit without getting feedback from people actually borrowing from them.If you've closed loans with any lenders recently, can you please share: (1) name of the lender (2) good/bad experience and why (3) now that you've done a loan, what criteria are important in choosing this type of lender.Thanks for your feedback!

My understanding is that Xspand dropped out, but other big players are still there.

Turns out, he just wants to be rid of it, and is willing to sell the house to me with no money down and seller financing (he is retired and doesn’t really need the money.I believe this property will easily rent for 600$My primary questions are these: If we came to an agreement, what players would I need to round up to make this happen?

I know Josh, and he is a real player.

With institutional real estate investments, the advice of an expert who works in the industry every day, knows all the players and their track records, and performs due diligence on each offering is a great benefit to you and comes to you at no cost.There are many qualified Sponsors to consider and I can explain offline who we choose to work with and why. 

@Joseph Asamoah is very successful with this strategy because he has a product with high demand and low supply (high-end, renovated single family houses in prime neighborhoods with 4-5 bedrooms), has put together a very thorough tenant screening process, and has developed deep relationships with key players at the local housing authority.

Contact a realtor to help we're a key role player in your success and we're free - the seller pays

I predict that a lot of players will be getting out of the business either because they don't like the small profits or because they bought in the hype and now they cant even cover their large mortgages. 

But, the entire premise here is that you will be able to refi as planned and scheduled, which means that the permanent financing player is fully involved from the get-go...And it doesn't stop there, because some times banks change their mind last minute - ask me how I know this :)Not to mention that your costs with HML will be very high, and terms will be quite rigid.