Since I am an agent, I was able to broker the deal for a discount.

I am glad to hear that you are fortunate enough to have a Full Time Job that should at least float you through (and you get discounts on materials:). 

We bought the property at a deep discount due to its condition.

We bought the property at a deep discount due to its condition.

I'm hoping to pick up a foreclosure or rental at a discount in the next 6months.

Most people who just recently purchased aren't going to be very motivated to sell at a discount.

@Jerrel Almeida still alive and kicking, just being a little more cautious these days.I know some private/hard money lenders who have stopped lending completely, at least until this all settles down and we get back to "normal", while others are still lending but discounting their ARVs by 20-30%.If you're a wholesaler, I think you'll need to start discounting your ARVs - and thus your offers - by a good amount to account for your buyers' lenders being more cautious.You might want to add at least 20% to your rehab estimates too, because it can be harder to get people to the site, harder to coordinate and things will generally take longer - e.g., it might not be possible to have more than one person working on the site at a time.I've heard from other wholesalers and agents that activity is definitely down, there are fewer buyers out there and the ones that are, are more cautious.I'm talking about investor-buyers, not retail buyers.

Would be nice to meet developers from the area who can give me a straight answer on quantifying numbers to build a 110 unit building there versus building one in Niagra.

There are a lot of courses for discount on Groupon if you look.

Turn Key is much more straight forward... it more a ROI play on your cash.