I checked rates and your scenario can be done with 3 discount points so that leads me to believe the broker has set their comp a little too high.

I’ve done calculations for analysis and checked into rental potential on two locations.

You might also want to check out Mossyrock and Riffe lakes.

For more detailed area info, check out what @Clayton Mobley wrote a few months ago on another thread:https://www.biggerpockets.com/forums/311/topics/221342-seeking-birmingham-alabama-turnkey-advice-investors-only?

Let me know if I can help you in your real estate journey. hello Brian and good afternoon, at this moment I am currently working on the best way I can do my double closing and double checking if it is safe to do wholesaling in Oklahoma since some require license.

DM me and I will send you contacts for; attorneys, lenders, and accountants they have previously used.

Check local and state regulations and what might be coming soon for building standards and regulations for a RCFE.

Check out local areas and homes, meet with pros, and look into financing like regular loans or FHA loans.

For example, if your EMD is $2,000, they will lend you that amount for a fee.Borrow against stock portfolios - If you have a stock portfolio or retirement accounts, most brokerages will allow you to borrow up to 40% of the portfolio's market value.

And then turned the tables , he tossed the keys across the table and said , here its yours , cut me a check .