House next door vacant, what should I do?

[Justin Morris]

The house next door to me is vacant, it has been for a while. The woman who lived there moved into a nursing home. I am interested in approaching the owner about selling the house, I am just not sure how to approach them. I am thinking about going two ways, wholesaling the property or rehabbing it. The issue with rehabbing is that I have very little funds and have never done a rehab before. I would probably need to partner with someone who has experience. So wholesaling would probably be the better idea, but haven't done that either so I'd probably seek out investors at the local REI meeting or on the market place here. Even though rehabbing would be risky, this is a good neighborhood and I know for a fact inventory is very low around here and the market is heating up. I've heard of lenders that will loan 90% of the LTV and 100% of rehab costs, is that true? What do you seasoned investors suggest? Thanks!