There are always other factors at play like neighborhood, vintage, market preferences and other factors. 

I’ve never liked the idea of wholesalers playing in this arena anyway.....they often will tie up an owner who is on a clock, then they can’t flip it, and it’s like “oh well, it didn’t work out” when the owner Could have sold to real buyer and now likely doesn’t have time to do do.

Now I'm just trying to get everything lined up and stop "playing" REI.

This is a value add play, which incorporates a bit of a flip strategy, but still allows you to have income while you implement your plan.

(of course this can be remedied with title insurance which is part of your vetted team)2) Don't understand the Time Value of Money and how discount, terms, face rate of the note, an time all play into calculating a true yield, ROI or Internal Rate of Return. 3) Don't want to put effort into researching and fact checking before presenting a deal for consideration.

It builds a healthy respect for the job as well as makes you realize when you are being played by a not so honest contractor. 

Play around with the numbers until you find a starting price to go off of.Hope this helps!

So why play games?

I also use Cozy for all online payments, this makes it easy for the tenant and Landlord.

If you can't make it to NIS, don't forget about that small (500+ signups + 34 speakers) online note convention event taking place for the 5th time this Thursday-Saturday!