Be sure they understand you'll be paying off the mortgage with it, since there are sometimes rules about trading secured for unsecured debt.Drop me a private message if you refinance with someone within your LLC....I will update my spreadsheet of lenders in GA!

A middle class guy who can swing 10 SFR doing the OO to NOO would in most areas of 'coastal' CA own ~5-7 million in RE....definitely nothing to sneeze at.The real pressure is on the medium size developer, the one doing your 10 unit in-fill.

The biggest problem I have seen is many new investors never take the time to sharpen their mental axe before they take that first swing and once the money goes hot and they are now the new proud owner of a rental property they decide they should learn a bit more about how to run an own it. 

There are so many other cities on the up-swing that would seem more desirable.

Trade your property for a fix and flip.

If the unit is occupied , I require the tenant to be there for service , if its myself or another trade .

Like @Larry T. said most wholesalers are not very good, but just like any trade  you will find a diamond in the ruff where you have a good wholesaler.

Are you saying that a public company couldn't purchase a Fannie property because the 90-day restriction would be broken every time someone trades their shares (buys or sells a portion of the company)? 

it will be affected by a couple of things: credit, debt ratio, down payment, purpose, etc.the lender credit works the following way: if par or 100 is currently trading, yes, they "trade" at 4.25%, and 4.75% gives 103...then you take 100 off to get 3...you then take off any loan level price adjustments which typically dont vary from company to company.

It's been a crowded trade so a lot of the regular folks have left the steps.