If the overloading was related to undersized panel or oxidation on aluminum wiring, insurance may not only reject the claim, but also cancel the policy.

This would be a problem with wholesale deals because once we know about a specific property, the next day we would need to rush and get a POA for that specific deal (not guaranteed with Base Legal being busy), then we would have to ensure it is PERFECT and not rejected by Title. 

Most people hate the rejection.

We submitted and offer and was rejected.

We submitted and offer and was rejected.

A lot of rejection and hassle.

Why did they reject your application? 

I was thinking that may get the post rejected by the admins.My Price is $75kAs is value according to RVM is $98kRepairs according to a contractor <$20kARV is $150-$170k according to CMA.I know it's a deal, I just don't know how to go about completing it.I planned for it to be my first flip but I decided against trying to flip it myself because of all the unknowns; hence, I have no idea how to wholesale it because that was never my plan.This is where I'm stuck.

I recently rejected a purchase offer on my property from a competing business.

After speaking with maybe 12 or 13 different lenders in the area (and being rejected by all due to the property type) I approached the seller and informed them, politely, that the property would not sell unless someone was able to offer cash.