@Bryon Andrews was spot on in his advice too - do some Zillow and FB Marketplace surfing every few weeks to see what rents in the blocks near your property have been renting for recently, and track how those fluctuate over time for a few months.  

It seems like it could be a sound investment so deserves more extensive underwriting.

If you are predominantly looking to flip these homes, someone else may be able to provide more-specific advice for your situation.

If you are already working with an Agent and you trust your Agent then you should trust their recommendation and advice.

And keep in mind that the rate on the 2nd lien will likely be 10-12% so depending on the cash flow it might not actually yield that much cash to you at closingMore importantly, it's just more debt so ultimately it sounds like you need an income-producing event to actually improve your situation and avoid some of the consequences that you mentioned

Hi everyoneI want some advice on the Pocono market.

Partnering with a wholesaler sounds fine, but check the real estate licensing laws in your state before bringing a buyer for a commission.You might consider getting your real estate agent's license and legitimately earn what your skills, drive, and experience truly command. exactly wholesaling or bird dogging is not a life time or long time occupation  RE sales can be lifetime and if your any good at it at about year 10 you should be getting all your sales from referrals and such.

Hi Raghavendra,Sounds like you just need to wait till your LTR tenants move out to start setting up the property as a MTR. 

Thanks for sharing your knowledge and advice through the podcast.

I am not a lawyer so anything I say here is not legal advice and your contracts should be reviewed by an attorney.2.