@David F.As Russell mentioned co-ops are probably 1/2 the price of a condo and you would also have extensive costs to set up a co-op and typically it’s my understanding the builder funds the first 1-2 years of reserves.

Build Credibility with Private LendersSecuring funding is just as important as finding deals.

Banks like proof the funds were in a bank well before closing. 

Agents just need to make sure their clients are serious and are going to be able to get funds when making offers on deals.

Most out-of-state syndications or hedge funds wouldn’t typically consider the cities you mentioned.

Do you use your own cash or do you have a lender or investor funding your deals?

I deal with wholesalers every week on my fundings  or should I say I see their fee's on the HUDS every week.. if I see one come in that is just way to high  like a 50k purchase and 50k assingment fee I wont fund it..

What types of IRS/CPA approved payments are working well for rents to LLC entities to keep personal and business funds from co-mingling? 

@Robert EllisAre you leveraging construction-to-permanent loans or private funding?

We closed the bank financing at 80% LTV at 4.5% on a 20 year amortization and 5 year balloon.