how bad should the condition of the property be?

[Alex E.]

Hi,

I have been wholesaling for a couple months now and I initially thought that properties should be in terrible condition for a rehabber to be interested. But, I have talked to a few rehabbers and they say they will do some light rehabs.

Can anyone provide some examples of a light rehab and how much a light rehab usually costs? What is the bare minimum of how much a rehabber is willing to spend on renovating a property and doing a cash-buy so that it is worth the time and effort?