As we toured selected homes that fit our investment criteria (3BR/1Bth @ $200/mth cash flow and 12% cash on cash), we walked into a cute and renovated home and noticed that we could only count 2 bedrooms!

If you upgrade the exterior dramatically, the building may end up standing out and looking odd / not fitting in...

@Leroy Feireira-shearin what they dont tell you is that wholesaling involves owning the property, then reselling it.

3) How does the sales process work and how do you fit in?

The house Is only only valued at $160-$205 (range from various sites)Zillow estimates Foreclosure Estimate: $82,006.I did my research, found out all the parties involved.

Any suggestions on areas the fit the bill?

I can't just *not* tell them about it.From time to time, there are even deals that come across my desk that I don't have anyone with a buyer agency agreement that fits and I would take it myself personally where I turn them over to my clients.

Does having just one other, unrelated investor involved in the fund change this scenario?

Depending on the amount of money involved, it may not be worth the hassle to pursue legal action against the seller.

I am looking to connect with New Yorkers who are currently involved/looking to be involved with large multifamily deals on the East Coast.