It doesn't take long to learn how to spot a good deal.6.

So if you suddenly find a great deal and want to go for it, a tax return showing a massive loss could hurt your pre-approval chances.That said, if you’re not planning to buy anything else soon, deferring the depreciation might not be a bad move.

The 4 vacant are new rehabs I just completed.Total Rents Collected: $23,025/mo Debt Service: $12,358/mo (sad for me. 8% interest rates lol) Property Management 10%: $2,303/moReserves (Vacancy 5%, Maintenance 10%): $3,454/moPhantom Cash Flow: $8,365/moTrue Cash Flow: $4,911/mo (Money I can legit burn) Total Purchase Price: $1.573MTotal Rehab Cost: $122,617Total Cash In Deals: $539k Total Appraised Values: 1.81MHope this inspires someone.

Wholesalers (no offense to those in the comments) who are doing this without being a foreign entity are probably co-wholesaling which is on the borderline and practically acting as an agent without a license or getting referral fees by having actual wholesalers on the ground doing deals and they just provide the leads which is different than wholesaling.

Get familiar with price points in your market and what looks like a good deal. 

What made you interested in investing in this type of deal?

While the deal is centered around wealth and asset management, real estate investors should be paying attention.

The institutional firms that do this type of lending (we deal with them every day) have to "securitize" the loans...meaning have their hedge fund/Wall Street backer bless the deal.

It's tough in this market but not dead, off market deals are very tough to get right now and you have to jump on them when you see a good one.

Now, you need to figure out how to find deals and pay for them.