It was in rough condition, which limited competition and made it a strong candidate for the BRRRR method.Negotiation: After analyzing comps and repair costs, I negotiated a $420,000 purchase price, which was below the market value for similar properties in the area.

Especially, after the storms and the loss of the projected income and they have no way to repair or replace everything that was lost.  

I cannot assist w/ the acquisition of the property but do have an FHA product that is specific for home improvements.

But what you will find is that most repairs are pretty easy - and if we don't want to mess with it we will call someone ourselves... but someone we know is going to shoot us a fair deal.

If you think about the time it takes you to clean up and repair.

It's like a rough draft or an assistant, not you.

The most important thing for you to learn as a wholesaler is repair costs.

If we rent to own, they are OK, but we cant refinance because we don't have the deed.Are there any unique scenarios to help us get the property for little money out of pocket, we have the ability to have the deedSign a lease agreement with a purchase option that allows you to buy the property at an agreed price at the end of the lease term, consider establishing a partnership with the seller to jointly invest in property repairs and improvements.

. - This will allow low down payment and the 203(k) allows repairs to be financed into the purchase mortgage.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.

Oh yeah, that's right, all but ZERO help or assistance.