He is very sad about the loss of my grandmother and is only focused on parting ways with the lake house they shared together.

the only people spouting off that wholesaling takes no money are the same people hoping you'll spend a few thousand with them to learn how to do it.Sure, you could go ride a bike around neighbors and eventually you might find a junker house you can get under contract, but while you're out wasting your time doing that, wholesaler throwing a few thousand a month into their marketing budget are banking some serious fees every month.Either route you choose of your two options posted above both sound feasible.

And as long as the rents increase in line with an underlying property appreciation caused by the effect of more dollars entering the real estate market, then increased cash flow will offset the loss in value of that cash flow being denominated in dollars.Many foreign investors will just use the intrinsic value of the property rather than try to play the exchange rate game.

You want to be able to prove to an investor etc. that you have a handle on the potential profit or loss.

I would suggest asking for bank statements or pages of tax returns that illustrate the actual property profit/loss and actual rents paid.

The investors 200k will be in the first loss position subject to the 80% owner finance.

@Jon Holdman I agree, usually not feasible (and Non Owner Occupied needs more Downpayment in addition to the higher interest rate!)

I'm also sorry to hear about your recent job loss.

I will have saved $2,300 over 3 years. 2) The break even point for selling, where the loss in equity overcomes the savings from the MIP is 2023.

If you mean the "negotiator" in the loss mitigation dept of the bank you're dealing with.....they are negotiating on behalf of the bank.