It's definitely a more "active"/ time consuming way to to invest than others, but can be well worth it. 

If you want to to you can always have your agent put in an offer for a price but have a bid contingency where you are willing to go higher up to X amount. 

I'm seeing 2 points gets you down to about 3.25% (moderator, US Commercial doesn't do conventional financing, so this is not a solicitation), but there's no way to define this as a rip off.Your points are going directly to to buying your rate down and total lender fees for underwriting/processing/administration etc...of $1290 are not horrific. 

Looking to to start wholesaling in the Myrtle Beach, SC area.

I am aware it’s the buyers responsibility in this case to to due diligence but they wouldn’t allow me in the house to do a quick inspection.  

That person should also be the local expert on your team supplying you with the market evals that you need to set your mind at ease to to help you with a possible exit strategy the differs from long term rental.

The fact there was a death and no will tells me the first person you need to talk to to try to get this property is a probate attorney.

(Which there is due to to rental deposits).

Sometimes I won’t get lucky enough to to find a property to buy , then I’ll be stuck with a huge tax bill .

Harvey,There are a variety of factors at play, region will play a factor, age of property will play a factor, diminishing returns plays a factor (for instance going from 2nd to 3rd bedroom will be more valuable then 3rd going to 4th) To me the key to to a CMA is get as close of comp as you can when it comes to these factors (square footage, bedrooms, bathrooms, age, size of garage, size of yard) Once you start diverting too far it become a bit more of an art then a science.