Also, as far as Zillow is concerned, the zestimate is usually nowhere near accurate around here so it could be offer as far as 20% or more.

If you do a commercial mortgage then closing costs will usually be a little more expensive than conventional.

On a spreadsheet it's usually cheaper to go via hard money lender, if you can avoid their extension fees.  

If you call the number that they list, they usually have a secretary who answers and wants you to give details of the property so they can get back with you.

These is usually the 100+ packet of paperwork your agent gives you about the property after you make an offer - not everyone reads this important information or at least the important stuff such as rental restrictions.

These are usually pretty extensive flips with probably 80-120k rehab budgets (although I have no way of knowing how much they spent, but I have a feel for what it would cost me to do the same thing).

I am about to start the process of shopping for conventional loan rates and getting pre-approved, but am concerned if I shop too much within a short time period it will adversely affect my credit score.Does every loan inquiry during the shopping process negatively affect your credit or is there a "grace" period after the first inquiry?

@Patrick Philip They hire virtual assistants who usually work with real estate professionals.  

@Allison Olson , ya my usual recommendation for those starting out is not to worry about all the information out there as it is overwhelming.

I can't speak for everyone but the wholesalers I deal with that send out mass amounts like that usually own a company full of other wholesalers or the "smaller" wholesalers starting out hire and train others to help them with calls and getting the name out there.