Wholesalers have such a bad reputation because many just go on mls, low ball offers and try and wholesale a deal on the MLS, or will get a deal from another wholesaler and mark it up and the investor has seen it from the original wholesaler and 3 other daisy chains.Key is to find your own deals, analyze them, and know the numbers to assist in finding deals for others and make some money.

His primary mortgage was sold to a private lender in the early 2000s and he claims he had to give an explanation each time as to why he financed with a private lender with such poor reputation every time his credit was pulled.

They can also help you determine the financing options available to you.In terms of the construction aspect, it would be beneficial to speak with a reputable builder who has experience in constructing multi-family properties.

You should be able to find a reputable investment focused broker to provide 20% down for your purchase.

You're better off contracting with a CPA for your taxes and seeing if they also offer bookkeeping services or can recommend a reputable bookkeeper as well.

Other points Basic value add deal to a multifamilyIt was actually hard to get the link, the email to sign up bounced every time I tried, I ended up using the website form.I was assuming I would get the "hard sell" considering Cardone's reputation, but it sold out 2 days after I got approved to view the deal so never contacted$100,00k minimumInteresting that I have not been contacted since either, I was expecting to be on the mailing list for everything he sells but I have gotten no spam at all so good for himHowever, the email that announced they were funded was sent over CC, not BCC so all the emails were in the open (about 200 from what I can tell).

Don't get me wrong, these come with their own challenges, such as the high minimum investment ($50-100K, although that's also about how much you'll need to buy a rental), and the difficulty in finding reputable sponsors.

You need to find contractors with a long history and strong reputation.

It’s a reputable program backed by a reputable bank

My reputation is worth more than the dollar so I have no issue referring out if I'm in over my head.