That's the issue with "wholesalers" they don't do anything an agent can not do and they grossly overcharge, dipping into the owner's equity in residential transactions.I would not balk at 15% in commercial transactions and I'm not putting Joey the flipper in a commercial category, where commercial transactions involve sophisticated parties. 

If the state declares it a credit transaction, all federal laws that apply to credit transactions apply.This means, because it is a residence, the SAFE Act applies which means you will need a licensed MLO on the payroll of your state licensed lending operation.You will also need a Compliance Management System geared for a licensed lender and a qualified Compliance Officer. 

LandlordsFor many landlords of homes, they want tenants that are neat and tidy, pay the rent on time, and don’t call at 2:00 am for backed up toilets.So I generally act like a prospective tenant and walk through the property.Most do-it-yourself landlords are very sophisticated, business like, and I just use this “one what if statement with them,”“Bill let me thank you for walking me through the property, looks like it’s in great shape, I just have one question for you, and if you say no to it I understand, but if you say yes then maybe we can talk about it in more detail, so here’s the question,“What if I could get you 24 payments at 1100 dollars which is what you want for the rent, and then you would allow me to buy the house, at a price that you can live with, and at a price I could live with.With that be something we should even talk about or maybe not?”

One thing about the areas that you're looking at is that there are some very strong, sophisticated players that you'll be going up against.

While we can technically get away with the thinking of having less restrictions, requiring more security, making demands such as life insurance being pledged on a key person as a borrower, drill down to the assumptions in commercial that allow greater leeway.A more sophisticated borrower, conducting business with a purpose to make a profit as compared to an unsophisticated borrower attempting to secure personal needs, such as housing.However, never think that "predatory dealing" or "predatory lending" or violations of fair trade, or what is customary for the size and scope of a transaction can be swept under the rug.  

Everyone needs to be "accredited".The Jobs Act did provide a path to take in funds from "sophisticated" investors but I'm fuzzy on the details.  

Remaining agile is much more difficult when you have a bloated payroll to make each week.We contacted everything out except for deal sourcing, financial analysis, and capital stack strategies.

I see those going no where or very little response with more sophisticated sellers..

This is a sophisticated strategy.

Just starting out, but as someone already stated on BP "there are a lot of sophisticated investors here".