Many wholesalers have not practiced the product they're selling enough to become effective at deciphering between what is a good deal and what is not.Nothing against wholesalers, and honestly we will likely start our own off market deal sourcing campaigns, but to us the chances of a wholesaler bringing us a deal that is a better deal than we can find/source after they've charged their fee to make it worth their time for finding the deal, It's not a deal we're interested in.On the flip side, every once in a while, a wholesaler underestimates a deal's potental, sometimes more often than not, due to their limited understanding of what makes a deal a great deal.We're always open to looking at deals to see if maybe they missed something.

The urban houses do it bunk beds less as the demographic is usually younger and in town for events, business, etc.The beach is primarily multi generational families with children, and it is a good idea to have them there.To sell any product including a stay in your STR you have to know your audience!

Purchase price: $375,000 Cash invested: $110,000 Sale price: $615,000 I was lucky enough to find a great deal on a foreclosure that needed mostly cosmetic work.

I'm not sure, that would be a construction to permanent loan, not under Fannie Mae guidelines- but they do all types of specialty product loans, so they may have a 'similar' product.

4- how much in fees (sales, admin, etc.) were taken out of each $50k unit and how much went to property purchase/improvements?

Purchase price: $232,500 Cash invested: $237,500 Sale price: $700,000 This property has not actually sold, but is the prototype for future investment properties.

Hi there, currently looking into the DSCR (cashout refi) loan products, and I am trying to lean into a lender with the lowest possible rate/cost above all else.

Purchase price: $255,000 Cash invested: $15,000 Sale price: $400,000 How did you find this deal and how did you negotiate it?

This is the best product for investors that allows for the easiest preapproval and underwriting process.

You can cash out refinance up to 75% LTV 1-4 families with DSCR loans which is the main product investors use.