As I get things up and running, I’m looking for referrals and/or direction on finding investor friendly Closing Agents that handle Wholesaling in Northern VA, Washington DC and Maryland.

I don't consider anything less than $200/door...I will say I have recently moved from a small city in northern NY to just south of Atlanta, GA and markets are totally different.

hello troy and all BP family. i think i have some answers for you. first let me start by painting a scenario for you. imagine you are a banker. you have just aqquirred several houses thru repossession. all range in dollars owed to your bank from $30,000 to $300,000. suddenly, the federal government has decided that the flood of foreclosures hitting the market is killing the market and they decide to put a restriction on how many any bank can put back out on the market in any given year. so, you get instructions that, of the 100 houses you have for market, you can list only 25 this year. you have 50 houses that are below the $50k level, and 50 that rise above and way above the $50k level. which ones are you going to market???

If something you can't pass up comes along, you've got $200k liquid with the click of a mouse and are ready to jump on it right damn now, and you weren't paying interest on that $200k in the interim for no reason (ok you could take that $75/yr and divide it by $200k and claim you were paying 0.0375%... whatever).If you think that 'something' that might come up is going to need more than $200k, get a local lender to run numbers and qualify you hitting your DTI with what the payments would be if you maxed out that $200k HELOC.

Hit these forums hard and start getting an idea of the niche you want to start in.

@Eugene Lee  those rules were spawned out of the Great GFC... not germane to todays markets in most areas.you can though still buy in areas were there is more housing than people to use the housing and find those rules apply and even more.. those are what we call cash flow markets that's all they are all they will ever be ( in most likelihood) so if your going to invest there only reason to do it is to hit those 2% or better metricswhere we reside on the West coast we generally look for break even and make our big bucks on having our tenants pay down our debts and of course appreciation... you have most folks that live in the non appreciating markets and their mantra is  ( cash flow cash flow appreciation is only luck its not investing  LOL)  and you have those that have gotten stupid wealthy buying west coast assets that double or tripled in value in a 10 year time frame.. take your pick..

See how many hits you get and mail to all or do 300-1000, Probates cost more than other list.

Hello BP , newbie from Northern NJ hoping to network with others.

Hit them in the cool of morning or evening.

I have clients that own 1 to 5 vacation rentals here on Mau i and once you hit that threshold of 5 you may be put into a commercial status (5+ units), so qualifying can be a bit more difficult, looking at such things as:What has that person owned and what has been their management experience collecting rent and managing propertiesThe borrower's credit score, income and personal and business tax returns will be considered along with two years' operating statements and a current rent roll for the property.Also important are property metrics, such as: Net operating income: The annual income, minus expenses that a property generates from its operationsDebt service coverage: Measure of cash flow relative to debt payment obligationsLoan-to-value (LTV) ratio: A measure of the loan amount relative to the value of the propertyThe property has to service its debt at a comfortable marginOf course each lender can be a bit different, so it's good to shop around if needed.I hope that helps.BTW - what do you consider big money?