Only buy in areas you feel comfortable with and the type of clientele it attracts.

I get it, I've used it on Short Sales where if they come back 9 months later with approval and I've bought a house, then I use inspection to get out of it.

That last criteria is the one that falls short in the analysis on the deal the wholesaler is presenting.

But, because the loan is to be kept on the lender's books the rates/terms are not as attractive as Fannie/Freddie.I have investors as well as our own money that make these "non-seasoned" loans to well qualified borrowers.

haFacts are, any loan you get for the purchase will be a short term financing tool with sinking as little "Dead Equity" into the property purchase as possible, so interest rate should not be the only factor.

Its kind of natural that you will probably attract more buyers in the beginning.   

The campaigns are relatively cheap, and can run for as short as a week. 

I don't go after short sales.

Obviously, 4 months is far short of 1 year, so I can now be more confident in my position.  

Marc Walowitz United Financial Counselors3715 Main St STE 406Bridgeport, CT 06606Specializes in short sales and distressed properties