Distressed Sale- investors needed

[Brendan Harding]

Okay BP folks, here goes nothing.

I have an opportunity to purchase a home in a nice neighborhood of Denver for 200k. I will have to fly out and get a true inspection to see how much work actually needs to be done, but it's looking like a full gut. From what I gather, I'm setting my "worst case scenario" rehab at 150k. The ARV on this property, especially with modern appliances, is about 420k. This job looks like a no brainer, but I am in need of financing.

Thanks to any and all that offer advice and kind words. Love this community!

[Brian Anderson]

@Brendan Harding, you could always wholesale the deal to a local investor.  That would remove the bulk of your risk and put some cash in your pocket for the next local transaction.