The goods take some digging but we finally locked one down that had great bones and was built in 1945.

Montagna Saddle (193-629) Floor Grout – Bone (123-852) Shower Tile – 13”x20” Broadmoor Platinum (1000-012-487) Shower Accent – Arctic Storm (369-501) Shower Grout – Bone (123-851) Vanity – Glacier Bay Renditions (637-327) Vanity – St.

Buyer gets the rest of the meat on the bone.

I wouldn't go there @Cal C.BTW, as to leaving meat on the bone, I can pick deal as clean as a vulture without selling over market value stealing the future appreciation of a buyer, financing does not add value to any property value, ask any appraiser

Yea, I'm definitely not a believer in "cutting to the bone" if that's what it sounds like.

Nick B. - One of my best friends is a wholesaler extraordinaire (Mike Cantu).

Perhaps it's because I don't have tons of cash standing around, I don't want partners, and I don't completely trust the risk equation of larger more expensive Class A projects - these are the only kind of rentals I buy.Assuming you want a project and you can and will put in the elbow grease - If they are performing and in an okay location and in rentable shape with good bones, $6k - $7k income with value-add potential for $100k is a great deal.They should cash flow enough to pay for almost all repairs except for large capital, but then again you should be able to save for those out of cash flow, or refinance in a few years.If they are willing to hold the note for a couple of years, you could offer them a high interest rate if they finance the entire thing for two years, or maybe they can take %10 down.

Still some beautiful old craftsman and victorian homes there that need love and have great bones at lower prices.

My background of engineering along with an entrepreneurial bone in my body (starting & running a lawn care service for 9 years) has had me on a search to find a good way to take hold of my family's financial future.  

Don't be greedy with your wholesale fees...leave "meat on the bone" for the investor who will be assuming all the risk.And, you don't need tons of buyers.