Plus, there are so many times when wholesalers have to renegotiate the price and that will put downard pressure on the commission, so now you have both the listing agent and seller not happy with you.

With that kind of acquisition strategy, it might benefit to utilized a delayed purchase because most lenders struggle to underwrite deals in the span it takes for the auction to close.If you do it delayed, you can stay mostly liquid, then follow up the purchase with essentially a cash out refinance of the purchase price with rehab funds being put into an escrow account as well.Would be happy to explain further, but my clients that operate that way tend to prefer that method to keep getting their cash tied up too much.

Is it at the point yet where its the equivalent of eating tide pods or putting your hand on a hot stove or pouring bleach in your eyes (or whatever else kids do nowadays). 

I look at about 1,000 properties a week and have clients all over the country including Ohio.If you could put your price range, down payment, expected cap rate, tenant type, location such as suburban or urban core, etc. then I could quickly tell you if what you are looking for is a 1 in 100 or a 1 in 5,000 property.

Our goal is to put you in touch with the right lending team to accomplish your goals.

I put together what the cost is and then add what I want to make on top. 

After an appraisal, I have the option to put down 14% instead of 20%.

And no way I personally would do it if I had to put anything down. 

I talked to an appraiser who would put flat land around $100 a Sq foot.

The determining factor will be line of site and distance from any road you're coming off of, as to where they will allow you to put a road.