Do your best to find something that is under-valued where the numbers make sense ideally without needing a massive reno.- Finally, the hard money loan seems pricey but that could be the cost of being a new investor where you are.

I can see how you might be wary that I am getting paralysis by analysis or thinking too much – but looking at data and understanding opportunities/the big picture is where I have a track record of success.In my past, the times when I have been most successful is when I evaluated a market, understood it completely, then took massive action to dominate it.

Most people have a massive amount of equity and leave it on the table for the wholesaler to consume.

The fines are massive if you get caught. 

People often start out taking on massive risks because they cant afford the insurance or safety upgrades.

Basically a massive credit line.

One of them does hot tub repairs, and he makes a massive profit margin just by scouring Facebook groups for business and he sends out an unqualified person to do the actual job while he pockets a huge premium for finding the work on Facebook.

We're both veterans and we're trying to start out by using VA loans and FHA loans to avoid the massive down payments, but there are restrictions with those loans.

Commercial lenders also hate this model, because in the event of default they'd have to foreclose on all of the investors which would be a massive hassle and potentially create massive problems.

In general, I am pretty fiscally conservative.