In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.

For a while I looked into medium size deals like 30-50 units in class B neighborhoods, but ultimately could not negotiate a deal to the point where it would have made financial sense.

Helps carrying costs while waitingg to sell and makes financials look better for investor buyers.

This joint effort enabled us to maximize the property’s potential without financial strain, proving the strength of our partnership-driven approach to real estate investing.

Potential ChallengesPrepayment Penalties: Check your FHA loan terms for any prepayment penalties or fees for refinancing before a year.Appraisal Risks: Ensure your property’s renovations are well-documented to support the higher valuation needed to pull equity.Lender Requirements: Commercial lenders may scrutinize your LLC’s financials and operational track record.

Because it's my money, I care more (I get 92% of the revenue, PM only 8%, and PM team member near 0%), I only had my units to manage (PM team member has other owners and units), and, with humility, I am smarter and harder working than the team members assigned to my portfolio (3rd party PM has to hire at a level that makes the business model financially work for them). 

I'm totally confident in my new financial famiy...

If they don't you personal financial situation plays a bigger part in securing a loan. 

I figure the upside to the rental scenario is, of course, investing in multiple properties, while a downside would be having to most likely get a conventional loan on the second house with 20+% down and proof of sufficient enough financial reserves to handle two mortgages. 

I believe that I can help support this vision through bringing attainable and affordable housing to rural areas and help with fill the services gap by what Nancy calls “social capital” rather than financial capital.