Thanks, Bill Gulley Good thread here as well: http://www.biggerpockets.com/forums/67/topics/84092-buyers-bank-asking-for-my-purchase-price-plus-rehab-costs If the underwriter wants a sense of the profit - and how incredibly subjective is that, btw?

Most of the buyers I have come across actually do not mind buying a LLC they actually all understand that this is the only way to wholesale a REO property or at least the most popular.

I'm finding that in my market, it is incredibly difficult to find MLS multi family properties (in a decent or better neighborhood) that meet a buying criteria that is ideal based on some of these things you mentioned.

They are so incredibly nice and helpful that it makes me want to always go there versus the big box stores!

Yep, I guess that's why the Lonnie deals were so popular.

Many of them are incredibly repressive and many are high tax.

. #1, you mention their age a couple times. it appears that you are discriminating on age. as far as the 'quiet residential neighborhood', i live in an INCREDIBLY conservative, quiet, deed restricted neighborhood (and am even a member of the HOA board) and our neighbors throw some really great (rowdy!)

Conversely, members here who routinely provide misinformation, inaccurate forecasts, and/or sloppy analysis generally find themselves marginalized and ignored.It is my hope that neither of us will find themselves in that latter category because to be quite honest with you, I find that having access to this incredibly high quality information and advice to be invaluable.

Due to the market conditions being incredibly strong deals go well above what they should go for.

They will suck up an incredible amount of time.