A.I. says I’m cutting it close.

Despite the guru fed “misinformation” about all these under market price deals, they are actually very rare and require (1) the investor recognizing value that the seller and the rest of the market misses or (2) a seller with a need for an immediate sale and a buyer with the CASH immediately available to conclude a very quick closing usually forgoing inspections, financing, and other contingencies. 

It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

And all the folks that could never get a deal to close and lost their deposit to them and EM etc etc..

My answer, yes I currently am buying a $165,000 property in Phoenix (not listed on the MLS) using one of my methods to find, using only $5,871 plus closing costs of my money.

Guaranteed others are fine with a lower elevation, but I do not have water run over my foundation inside.

I had a few questions and would appreciate any advice in general.Strategy / Goal: BRRRR but no major rehab at first to lower the risk.

Schools are not great.I would not consider that area anywhere close to AT&T stadium, but maybe closer than CA. 

How much of a credit do they offer at closing to cover the servicing fee?