That's the only way you will know if it's legal.In a true wholesale deal you are putting the property under contract, then either assigning your contract or double closing. 

It does make me feel more comfortable as I know the are well as a Real Estate Agent.

I will be honest and let you know that your agent should be sending you personalized deal flow and providing numbers on why they think it's a great deal.

Hi @Alex Lee I would avoid 203K loan and work with conventional renovation loan based on knowing you'll be forced to use 203k certified contractors which will cost more money and offer inflated pricing because they must follow 203k guidelines. 

Would love to get some BP community feedback on what you all think of this, let me know!

I know that.

Once you know what you want, you then know how to look.

When my wife and I started out we new we wanted to invest but did not know how to, we took action and unfortunately found a family friend realtor (amazing learning experience) then we found bigger pockets. 

Anyone know how to account for CapEx (setup as Asset accounts) expenses in the cashflow?

.: @Michael PlaksBut you don’t know his situation.