Speak with a RE attorney, it might cost you $250-350 but its going to be well worth its weight in gold.

The sales model is thus highly dependent upon the buyer being confident that they are receiving a net return above 8.5%-9.5%, otherwise they are LOSING money by leveraging (unless they are absolutely convinced that they are truly buying substantially below market value on day 1, in which case they *might* want to endure the losses to 'capture' all that equity).

Wouldn't you end up losing more due to 3 months of loss rent (Dec-Feb) and legal fee to redo the eviction?

Mike is right, you'll have to look at grant programs, or USDA etc.

Co-insurance -- if you insure for less than replacement cost(or some given minimum amount), some companies will NOT pay at 100% on partial losses (say a $25K kitchen fire).

HAFA is still a garbage program but some lenders will work it better than others.

Basically a good wholesaling program that lays out task in a day by day process to follow to get your business going and in the green?

Trying to eek an extra $100-$200 a month and costing yourself 2-3 month vacancy extra is a huge net loss.

We do flip 4 retail, flips for C4D, buy n hold, flip 4 holds, and some additional programs.

His goal was to buy all, he got to 7 and is throwing in the towel after 2 years of pain and over $250k loss.