The contractors have to float the construction costs for weeks or months and they don’t like doing that.

I work 60-70 weeks but with two kids and bills my money seems to disappear quickly so I was hoping to land 10-20 wholesale deals as a way of "quickly" saving up for down payments.

I was quoted 5.75 this week, 30 year, 20% down.

With a 90k loan, our payment will be under $700, but we are expecting $1200 in rent.That renovation is almost done and we just got our 5th property under contract this week.

Brandon Turner recommends finding potential properties, running the numbers, and then placing multiple offers a day/week.

Yes, it's a large sum, but there was a previous all cash offer on the property and Kevin, while he is using a Mortgage, offered a higher Purchase Price and a higher amount for Earnest Money to be deposited on Contract.The Check for the Earnest Money on Contract was made out to the Seller's Attorney Mike as Escrowee, so I am assuming that the Earnest Money had to be deposited into the Escrow of the Seller's Attorney.Kevin then Applied for a Mortgage at a well known Bank.Title was completed and an Appraisal was ordered.Sometime around mid-June 2017, a few weeks later, the Seller's Step-Sister filed a Lien of Rescission to stop the Sale.When the Appraisal came back, the Lien of Rescission was discovered, the Mortgage Bank added the Lien as a condition to clear for closing.A Civil Case was filed against the Seller and the Case was suppose to take place around December 1st.Buyer's Attorney and Seller's Attorney agreed to postpone the original closing from 45 days after signing the Contract on June 13th to December 1st day, documented in email.The Case was then postponed to January 29th, 2018.Along the way, the Buyer's Attorney got sick and developed ALS.When January 29th, 2018 came, the Seller's Civil Case was again postponed to April 1st, 2018.The Mortgage Bank issued a statement that the Mortgage Contingency was no longer valid and has expired.Kevin then changed Attorneys.

It has only been on contract for a little over a week

Experienced investor in other markets with 1 door in Emerson Heights will be 'boots-on-the-ground' next week - March 1-3 - searching for new doors & possibly a new primary residence. 

Rental in Ohio but had same issue with a tenant letting water run for over a week outside and not telling me about running toilet.

When something doesn't sell in the first week and several conversations with "investors" it means its overpriced in my market.