Wholsaling properties from MLS
I have started searching the MLS (Realtor.com, Zillow, etc.) for properties to wholesale, primarily to sell to buy and hold/landlords. BP actually has a calculator for analyzing properties. I look for certain properties, for now I am looking at SFR, and if they meet the criteria (say $150* cash flow (after all the bills are paid) and a Cash on Cash Return of Investment of 9%+ I will make an offer on the property. Is anyone else doing this?
This is an easy way to analyze 10 or more properties a week. I do this in addition to D4$. I also have a lead generating website (just a few months online).
Doug