As far as these kinds of companies, are they mainly handling loans that were originated and sold into the secondary market at one time?

Use your new RE negotiating skills to find a hell of a deal on CL.As far as the math, 1.25%/mth of gross rent is 16%/yr.

If I rent, I pay (to make the math easy) $625/month but also get the same from my rental.

All my business infrastructure (website, business cards, squeeze page, llc, etc) is secondary to getting potential deals in the door.

In other words, if one would pay all cash for this unit, he would get 10% on his money, annually, which is not bad at all.Of course, there are many other variables to take into account.Stability of the area and the tenant, condition of the property, and the general neighborhood's economics and employment situation, to name a few.You can even lower the net to 70% instead of 75%, and still end up with a very good cap rate of just under 10%.For Southern CA property, that is a very good return.Do the math, even with 11% down, and 4.5% bank loan you will have a good cash flow (I did not do the math for this part, will leave it to you from here).Buy it.Amir

I wrote a blog on here on calculating numbers if you want to check it out- http://www.biggerpockets.com/renewsblog/2013/01/19/real-estate-math/The note with that article is it doesn't take into account anything about fixing up a property.

So call and ask what treatment would cost and double it in case you have an extreme case or have to resort to secondary measures of all out insect warfare.

There are many great secondary markets that the funds are not in yet.

Does anyone see anything wrong with doing this, I've done the math and we'd save more money, but I just wanted to check with someone who may have done this before.Also my next question also involving the MCC tax credit.

Currently I want to mainly focus on wholesaling, but I want LO as my secondary strategy when wholesaling.