I mean if you find a property that you get under contract for 100K, and you estimate Repairs at 25K, and that you can then sell it at 200K, why wouldn't the wholesaler do that all themselves?

The unpaid mortgage balances after receiving any FEMA money or insurance payouts (given they even had flood insurance which a great deal of them didn't) would mean a foreclosure or short sale process.

Hey folks,Closing on a retail space at the end of September and have interest in renters who want the space for a two-three year rental commitment, but not until December...that means two months of vacancy in a hot downtown retail space.

Jasmine --I am not sure what you mean by "integrity based" but, wholesaling real estate is by definition an intensive, "feet on the ground" business.  

Does this mean there was work done without permits being pulled from the municipality?

@Chintak D.If you still owned the LLC as a pass-thru, and were transferring the title for asset protection purposes, that might make sense.But, in this case, your transferring the title to an LLC you won't own but still carrying the mortgage. that means there's no asset behind the mortgage.

But, it sounds like it doesn't cash flow if you can't afford property mgmt on the building.Going somewhere "cheaper" doesn't mean the cash flow will be better.

page=2And to add to that, she was commenting on virtual deals, meaning she's not local.

Since you wanna work on building your passive income that means that you are looking to acquire rental properties where you will make a good return on your buck.

Also, just because somebody had a service animal, it doesn't mean the deposit needs to be waived, it just means you cannot deny them rental if the animal is legit.