Since then we’ve had only a couple more closings from buyer transactions.

Let's just hope it continues to stabilize to more reasonable transactions!

Gracias.So far the only problem I have found is that my small local bank that originally worked fine with Venmo has stopped accepting their transactions so I am working with USAA Bank where I also have accounts to get the deposits transferred there.

On average I would say these homeowners are getting spammed by wholesalers at least 5 times a day, and it's why wholesaling is becoming illegal in various areas.

Something tells me that would be illegal but, if not, it would incentivize the tenant to file for the aid.I wonder if you called it a COVID subsidy it that would help with legal issues....

(In order to close the refinance transaction, ownership must be transferred out of the LLC and into the name of the individual borrower(s).

If you are like me, and just wanted access to the MLS to search for deals, I would search for a 100% commission only brokerage as they will only charge you per transaction.

Then of course not all of them actually close and that is still a 1 off transaction, not something that can be repeated every month. 

I've also been a buyer in an owner financing transaction.

Then I discovered the Michigan 5-transaction rule, and figured "Fair enough, I'll bite the bullet, be above-board, and just get the license".