We agreed on a price, traditional financing could be a problem ( or so I think it would be being a single unit but generates good revenue & has value going forward but banks may be requiring 25 - 30 % down )My question is...

@Christian Ehlers @Nicholas Coulter @Trevor Oldham Thank you all for chiming in with what you all are seeing, I appreciate it!

@Ivan Casale it really comes down to your exit strategy: If you’re into creative financing then low to no equity list are the best, there’s very little competition from other wholesalers as most of them don’t know how to structure it.However If you’re trying to wholesale the deal on a traditional cash offer basis then you will have more chance to get a discount from a high equity seller, the fact that they got more equity means they have more room to negotiate.

@Christian OrellanaIs the zoning r6b?

@Michael Gilman @Bridget Brazelton @Matthew Haraminac @Jordan Harris @Jeff White @Kayla Govier @Eric Michiels @Charles Phanumphai @Woon Chung @Christian Overbey @Michael DeAquino @Jesse Runkle @Chad Rocke  Please DM me your email - invite for a first get-together coming shortly! 

@Gretchen Shaw - Traditionally, we see a slight bump in inventory after the high season, but tradition has gone out the window the past year. lol   For this year, I expect another extended high season well into the fall. 

I see on the checks how hard I would get hit by the taxes (not too bad).. some were Roth and some traditional so I did already pay into the Roth taxes.

Realize it is not as easy to access as traditional cash flow, but it also is not real hard to access (especially for Owner Occupied (OO): virtually everyone offers HELOC on OO).Tax benefits is almost sure thing.Interest rates are near all time low.San Diego has a great track record for long-term appreciation. 

We have about 20 days until we close and I'm told we should close on the new property about 2-3 weeks after (David Greene introduced me to his team and we're working with Christian on the refinance and loan for the new property). 

Yes you Refi out of the land contract with traditional financing2.