There are good sponsors that have a bad deal but what I have seen typically is the sponsor lacks significant experience - they have experience in marketing and raising money - which is not hard when you are promoting 15%-40% returns that clearly were not achievable on a consistent basis. 

German,I can see how it might not make sense but my 18+ years in the Banking business has shown me (3) cycles of this very same market.

Purchase price: $620,000 Cash invested: $20,000 Sale price: $727,000 Source: Cold CallPurchase: Off market with owner financing.Price: $620,000.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

Your $1,200 ask may be fair for your market and property, especially if supported by comps, but they might not approve it if the tenant cannot afford it.

So, I will even consider some of these people with bad scores if their score seems to not represent them fairly. 

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

It’s a challenging market in NJ.

Hi Ambrea,To get into fix and flips, I started by focusing on a few key steps that helped me find success:Educate Yourself: Learn the market, analyze property values, and understand rehab costs.Build a Network: Connect with real estate agents, contractors, and lenders.Secure Financing: Consider hard money or private loans for quick capital.Find the Right Property: Look for undervalued homes in growing areas.Create a Detailed Plan: Budget carefully and have a clear timeline for renovations.What worked best for me was staying disciplined with my numbers and always having a solid team in place.

Well, they claim that their leads are better because the leads find them:The only way sellers find you is when you rank #1 or #2 in that market. the lower you rank, the less leads find you.