What made you interested in investing in this type of deal?

Our more resort style destination type homes are very dependent on family travel and have the most seasonality, but also much higher ADR's. 

What made you interested in investing in this type of deal?

Purchase price: $20,000 Cash invested: $38,710 3 bedroom 1.5 bath What made you interested in investing in this type of deal?

You could also use the current home to pull out a HELOC for the DP of the next FHA home.Make sure you are talking to an experienced Banker or Loan officer who has handled multiple "Gift of Equity" type transactions to avoid drawn out process or issues in underwriting. 

What made you interested in investing in this type of deal?

I imagine in my head wholesalers have a folder in their computer with several types of contracts.

The other risk I see is if there are layoffs of the middle-management ranks or high tech programmer/analyst type jobs move offshore.As you move down the price ranges and even on the higher end price ranges, if they are priced right, they get sold, get sold pretty quickly, and still getting multiple offers.   

Depending on your price point, I can direct you to communities and types of homes that would be best suited for you.

What type of mortgage are you refinancing into ?