It is starting to sound worse and worse.But being as he (according to him) does more business than all the other wholesalers and rehabbers combined in my town, it sounds like he gets a lot of houses under market value.

Combine that with starting while you're still in and it's quite a powerful combo indeed.

Would it be possible to combine these two together to form a bigger loan so I could get the loan to a size where people would want to work with it?

You need to decide if you are investing for cash flow or appreciation or some combination of the two.

Use credit partners, combined with #3.

So I was thinking why can't we combine these two goals.

Below are our findings.MethodologyOne of the challenges we have with most reporting sources is that they use metro averages which combine different types of properties (single-family, condos, multi-family) in very different price ranges and different areas.

This took his interest rate to a whooping 7%, due to which he is paying around $3300 before tax every month on his mortgage.The remaining amount on his loan is $460,000.Now, some pointers about the property.It's a multi-family property with a very good location.It is very close to NY, hence the commute is easy.It's a multi-family house with a combined rental income of around $4200 per month.The Lot is size is double than usual (compared to the average size of City).Current monthly payments being paid by the owner:-As told before, the remaining loan amount is $460,000I've had appraisal done on the house, and it came out to be $390,000.Mortgage ($3300) + Tax ($1000) is $4300 every month.Water bill is around $150 every month.Insurance is around $100 every month.Hence the owner is paying $4550 every month.The current situation:-The Owner has this house on sale at the moment at $500,000.

Combined I think I'll potentially have around $80k to play with and dump into 2 more multi's, but I won't be able to pull it out or qualify for any kind of loan if I don't have a permanent job.Further more I am looking to switch industries to get into property management or something similar in real estate.My real question is this: If I can land a permanent PM job, how long will it be before a bank will count me as someone they can lend to again?

Every time I think I've found the right combination, it turns out the sub thinks I'm working for him on his schedule not mine.