Also I am in Hays county in Texas.Pre-foreclosure is the time between your notice of default and the loss of of the property.The terms are interchangeable as someone will say they are in foreclosure, which others call pre-foreclosure.

Call into the offices of city planners or regulators to get their advice and make sure they know you're trying to do things above board.

I'd love to hop on a quick call with you and see if theres anything i can do to help you work toward a business plan that makes sense in you situation.

In respective, I would say create the value (increase revenue, decrease expenses) and then after you do that call a bunch of lenders to see how they would value the property.

The housing bubble ended up finishing us off when the banks called all the loans. 

The institionalized players typically have 100-200 BPS lower rates than standard hard money lending players but they're clunky and have lots of requirements its almost like the instituional HML should be called "hybrid hard money or hybrid bridge money," because of all these requirements.When we're working with those instutionalized players we usually have to do almost as much work as a conventional loan (1-4 fannie, not quite but almost as much).If you'd like to learn more about the different options or get a sounding board on what options are out there feel free to reach out and we can talk shop.

Here are some harsh truths for you all.The problem with people having problems with how to wholesale is that they have no clue what their problem is.They all ask questions about how to find cash buyers, how to do cold calling, how to do DMM, how to wholesale on the friggin MLS.The one simple reason so many have problems wholesaling successfully,  is because they don't understand that when it comes to wholesaling and anything REI, it is all about lead generation.Lead generation is not about targeting motivated sellers.

I would highly recommend reading Bigger Pockets Book written by Avery Carl called Short Term Rental, Long Term Wealth.

They also have technical reps that will do a 1-on-1 call to help with your pricing settings.On Airbnb, add length of stay pricing discounts to guests for 3, 4, 5, 7, and 30 nights.

SBA 504 is the loan that you might qualify for, Would love to setup a call with you to prequalify the deal and get you term sheet.Regards,Abhishek Patel (AB)O: 224-702-5211Blackswan Commercial Capitalwww.blackswancommercialcapital.com