For my particular area, (MS gulf coast) there really isn't a large amount of small multi family units for sale.

hey im new in the wholesaling business and i been doing this for 6 month and i haven't made a sale on a contract so any wholesaler out there can help me and give me some advice and tips im living in the des Moines area and wholesaling here is not that good so please if a mentor can come and help me with some advice i appreciate it thanks 

Have you ever gone to Sheriff sales / Foreclosure auctions?

@Tom Kairys, one thing newbies miss is that it is much harder to get financing in the name of your entity vs. your personal name.You can get an umbrella liability policy and buy in your personal name, or buy in your personal name and then transfer to your LLC (risk the due on sale clause).All of these options have been extensively discussed on the forums and accessible via a few searches.

Cap rates come from closed sales that are analyzed by an independent professional third party.Crap rates are fictitious numbers made up by clueless individuals trying to scam newbie investors.There is no reason for you to be trying to calculate either.

Appraisals use comps from previous sales from the past 180 days, so you should be in the clear.

The Numbers: The house was a short sale, listed at $200,000. 1962, all original interior, bad shape, 1500 sq ft up, and 950 down.

Hello, I would like to execute wholesale deals, fix and flip, find REO'S, short sale and probate deals.

I still work some weekends when a vacant comes up or just coordinating contractors / dealing with some tenants.  

 If a sell/owner was to carry a loan through the sale of real estate property, can that seller take out mortgage insurance on the buyer?