(See my BP blog in the link in my signature line).This was a great podcast for me since I know NJ has some different rules and I like to learn how others are making money in liens in other areas of the country.

I fund many different types of investors all over the country... mainly in the single family fix and flipI am active in the South and south east..

Hi Ben,I highly recommend Eastern Real Estate School.

Scott, I owned a mortgage company, had one of the largest privately financed note servicing companies in the country and was a bank examiner before that, I'm not foreign to mortgage lending, but I'm not LMO now, I'm retired. :)

EMD amounts vary around the country.

The cash on cash return is still low compared to the middle of the country, but I am locked in for 30 years with a low rate, Prop. 13 property tax limits, and what I think is a pretty good future.Good luck.

2)How feasible is wholesaling deals on the other side of the country?

1) They are necessities in much of the country 2) They are depreciating assets, so either you pay opportunity cost of deploying the capital, or you pay interest.

I can say that the typical agent fee across the country is 6% and I have listings at no more than 5% sometimes less.

As PDX has the 2nd lowest occ rate in the country behind only Silicon valley.