Bank conditions 0 power of negotiation and NO inspection period

[Marco Jove]

Dear Friends. 

I have found a property that I think could be a good flipping deal. The house need lot of work but with great potential. The property its a REO that have been listed for over 1 year. The bank that its selling do not allow any period inspection after offer acceptance. I have until tomorrow to summit the offer. Also there are lien against the property that for now add around $18.000 and some building violations since 2007. Also if the offer its accepted the bank request a 3% deposit upon signature with 0 days of inspections (no inspection contingency) and 30 days closing date. The property purchase price its $210.000 the improvements around $90.000 (need a new roof) and the selling price around $390.000.

My broker feels comfortable to follow the bank conditions but i feel a little pressure the way the deal its set up. 

I would love to hear your opinions about this particular scenario.

Thank you all