I was discussing wholesaling with seasoned agents and they said I may not be able to do it any longer now that I'm licensed.

I'm very seasoned as I've done my own property management for 10 years at these 6 units.  

His original plan was to develop the other 8 or so acres, but is getting older now and doesn't want to put in the effort of developing the properties.

His original plan was to develop the other 8 or so acres, but is getting older now and doesn't want to put in the effort of developing the properties.

His original plan was to develop the other 8 or so acres, but is getting older now and doesn't want to put in the effort of developing the properties.

If your buy and rehab are all included in the $50k hard money loan, and the ARV is $80k - when you refi (as soon as you have it leased or after six month seasoning if required by your mortgage product) you will be able to borrow 75-80% of value - so, $60-64k which will pay back your $50k hard money loan.

Then I'd use the other methods provided by the gentleman who have answered prior to this post.

Although its our busy season and we are are running with only 66% of our staff we strive to be available.

Lenders, however, won't generally classify it as an investment property for debt to income ratio purposes until there's 12 months of seasoned rental payments or more AND it's declared on his tax return as an investment property. 

I am interested in helping us "Baby Boomers" in the thousands as we gracefully become older and wiser!