My original credit facilities were to buy court house steps.. so we needed cash on the barrel head so we started with a 4 million dollar unsecured LOC.. we used that cash to buy then we got the appraisal etc and tapped our holding line which bounced between 6 and 8 million.. it was pretty sweet.. you talk about advantage at the court house steps.. walk up with a couple milske in cashiers checks.. and if I did not use them that day the money was never taken from my account and I was not charged for it.. this is what great banking relationships will do for you.. then in the melt down of 08 that bank was the only one of 5 I dealt with that kept my credit lines in tack but they shrunk dramatically of course..

@Ryan Wright  When banks calculate your DTI ratio, they include the additional debt you will be taking on.  

Our buy and hold strategy is purely for income supplementation and to leverage into additional buy and hold strategies.

They basically come out the same if you leverage on both sides and then never take additional action.

In addition to the tools listed, I use Google maps to also learn an area. 

Create additional columns to the right of your leads with your mailing dates as the headings.  

Have any of you experienced this and know of an effective way to prevent the additional waste?

<==Not a wholesaler, but I think you'll want to walk away as long as their agent is under contract, but keep the contact.  

Do you have any suggestions of anyone that would be willing to do a quick walk through with me for a small fee just to give me an idea what I may be dealing with?

If your inspection fails you can walk away right?