I am a active agent and my fees are paid but how can I do my first deal to get my head above water faster?

So when rents move up from $500 per apt back in the year 2000 to around $1,900 today for one of my buildings, the value of the building increased from $140k back in 2000 to $1.4 Million today.NYC is a Future Value (FV) play.

I own about $4m in additional real estate which did come into play during the application process.

It depends a lot on price point, location, and the “showable” condition other active/pending/sold listings within the neighborhood. 

For subject-to transactions, the POA won't get around the "due on sale" clause, but it will help you do very important things like cash escrow refund checks and insurance claim checks, and other borrower-centric activities.

They have been life changing for us and I am sure for most of the active members on this site.

So here's how it played out in my head.1) Get a loan from a Hard Money Lender for $120k.2) Find five properties for $100k or less.3) Use $100k of the $120k loan to make the down payments and keep the other $20k in reserve to cover closing costs and any minor repairs needed for the properties. 4) Get the properties rented out and within six months to a year, refinance the properties to pay off the original lender.Now, on paper, this idea sounded really good and I assumed it would be feasible. 

https://legal-dictionary.thefreedictionary.com/fra...Here's how it plays out:  The wholesaler's actions (promises) cause the homeowner to enter into a contract to sell the property, but the wholesaler knows he cannot actually buy it. 

It's 99% likely that those 12 offers were submitted by clients that have an active buyer's agent. 

These properties are sometimes a good fit for owner occupants because it puts you on an even playing field when you are bidding because you are only bidding against other owner occupants.