She said she was good to go so I went shopping and found an amazing deal, a two unit property that’s going to cash flow $800 to $900 a month.

They throw 20% on every subs cost that they manage plus their own.I just finished building my own home 3,000' ranch 1800 up 1200' finished basement. 30x50 heated shop with 14' sidewalls 285k

Legal wrap that is a good one.. take out the alienation clause and there you go.. one simple sentence removed from the debt instrument and you have a whole knew lending programfor long term buy and hold 6 and 8 is not bad really.. if you can't get conventional.. its on the lower end of what i know or see.. as long as the 6 is it.. and they don't add on another 3 to 5k in junk fees.what many don't get when they shop loans is they focus on points when in fact many lenders make more money on the junk fees as the points.. small balance loans will have 8 to 10% when you add in points and junk fee's thats what i see on all the huds i look at during the week.. might be 1.5 or 2 points but then 3 to 4k non recurring lender set up and junk fees

My advice is shop around and find a PM that you like and can work with you rather than for you.

The repairs you mentioned seem modest, so i would recommend using your evenings to shop contractors and finding deals on the material you will need.

New investors, or even seasoned ones for that matter, should make sure to shop around for their mortgage. 

I would shop a market you like and Stick to it.  

I cruise yelp for restaurants/shops.

Raj , We are looking for a place which has scuba diving , fishing , shopping and good international schools as we plan to be living there part or full time in the future .

I funded a few hundred deals for folks up in Orlando.. and the major wholesalers they used all had real estate companies and were licensed.. they have since closed shop since wholesaling in any volume is about done in FLA these days....