@Michael Slayton, shop around to other lenders.

If that's an actual price quote you received, you should shop around.2.

@Jamie BatemanHave to definitely shop.

However, it is good practice to shop around to find an insurance agent/agency that you can trust and can provide solid options for you.

You will need to shop around to find a bank with a short seasoning on the title.

I would shop around.

Would love to talk about your successes and failures either by chat or if anyone’s from Jacksonville FL maybe we can have some coffee and talk real estate?

The tenant in their now is a friend who I can handle...fingers crossed...his niece on the other side is house shopping.

I tell them how wholesaling works (the "cash offer" really being an assignable contract that they shop around, etc) ..and just casually mention that I actually do have cash and am always looking for my next project :)   So in a way, it helps me, but you should know that if you are cold calling this area, you're hitting one of the hottest markets in the country, in a market that is already being very heavily squeezed, contacting people that have already been contacted a lot before.  

If any lenders, investors, wholesalers etc. have time to meet for lunch or coffee or even talk on the phone briefly, I would be very thankful.