The purchase was about $300,000 with 25% down with a federally backed loan (fannie/freddie).I believe that this kind of underwriting policy will significantly reduce investor purchase volume.

Some context, my team did ~$350M in Freddie & Fannie loans throughout the Western US last year, and our firm is the #1 Freddie, #2 Fannie, and #3 HUD shop in the nation by loan volume.

I run a high volume wholesaling company feel free to reach out with any questions. 

We do a good mix of market and voucher tenants in our properties.We utilize the BRRRR strategy at a high volume. 

He purchased a lot of real estate for well below “fair market” value.Now, since Helmsley was operating in the NYC market where he was a well known “player”, once his reputation for not negotiating became well known people wanting or needing to sell began accepting his offers in volume.  

We've done property management at a high volume for years; highly qualified tenants with solid rental history tend to leave rental units in good to decent shape, regardless of their length of tenancy.

In a virtual market or covering a huge list I like volume, but there is something to be said for taking the time to call leads and do some extra leg work to get the person on the phone.

Why do people think that volume is ever a sign of quality?

The results are that we doubled our annual loan volume from $15 million to $33 million.   

But I also can tell you  their volume and units suffer because they are trying to do both on split time.Either one you choose it will be a great next 3 years based on market trends.