Hi All,I am totally new to wholesaling so I have a very basic question.

When you buy a home for income, you criteria changes to basically cash flow (appreciation for certain areas).

Base your level of finish (basic, standard, designer, or custom) on the neighborhood norm.

I think there was a law passed some years back that basically said escrow has to actually perform the service before it can charge for it, things got better but one wonders why they can't just include everything in the base fee.

I understand the concept.

I was hoping to get some experienced investor opinions regarding the concept of receiving less cash flow( but still positive), for the potential of a huge increase in value not so far down the road.

Not completely clear on how hard money lending works, but it would just basically be like a 5 years loan with the building as collateral.

Scott, just noticed you're in Michigan as well, it's a typical bungalow here, the master is smaller sized and the closet will be basically sacrificed for the bathroom, maybe what would be left are shelves and I could provide some of those hanging racks for clothing storage

Basically would like to have everything covered, and because this is my first I'm sure i've overlooked/missed a good amount of things.I would also like some guidance on how to go about offering for this property.

I think we have to determine this before we can attempt to understand the new concept of "Institutional Crowdfunding".It sounds like Institutional Crowdfunding of Loans is just a new name for the same old players but may now include Hedge Fund Operators that have made themselves "accredited" and without "accreditation" you can not participate in buying into your slice of the Institutional Lending Pie?