For investors who want a "perfect property" Rent To Retirement sells new construction homes in more expensive neighborhoods for a higher price point.

@Greg Scott thanks for the mention:)@Usman Khan welcome to the "fun" of S8, where you can rarely get ahold of anyone at a Housing Commission office:( THey are all overworked and underpaid.Reference this for your S8 training and maintenance:https://dhcmi.org/sites/default/files/upload/LandlordGuideBo...

If you wanted to house hack I would stay where you are at and find one there.

The house was flooded to the tune of $70,000 in repairs. 

We would buy this house all cash. 

Just like any of the investment strategies here in BP, they need to evovle as the market and housing landscape evovles.

And you don’t want to sell after going through all that trouble and miss opportunity.Here’s my take.  

It's the basic formula for selling an online course that teaches you nothing you cannot learn on your own.

My question is: when wholesaling, after finding a great deal, do you need real proof of funds to the get the property under contact or is there a way to get it under contract, find a buyer and complete a double closing/assign the right to sell without actually having the cash for the property? 

I focus heavily on the sell side and on the buy side only work with high net worth individuals so the newbie wanting a 400k multifamily with an FHA loan probably isn't for me.