I'm estimating to spend about 6 grand on repairs.

I don't need to try jumping the Grand Canyon on a motorcycle to know it's tough, even though there is likely someone out there who would argue it's doable.In addition to the two times I've tried it myself, I've spoken to several underwriters about it, have had my mortgage broker speak to several underwriters about it and have seen other investors try it (mostly unsuccessfully).Even Aaron, who seems to be the biggest proponent of it provides just a single story about how he did it thanks to some luck.Sorry if this is coming off defensive, but again, my main statement at the beginning of this thread was:"Your ultimately buyer may have difficulty getting this type of property through underwriting for conventional or FHA loans."

I just have to agree with Biden on abortion and women's health issues, I have grand daughters!

Dawn, try Flagstar Bank, Provident Funding, or Grand Bank.

Some of the pricier house rentals around here in the suburbs command at least a few grand a month rent, and have granite kitchens/bath, stone tile floors, new carpet or hardwood.

That meant a few grand upfront.

I have a grand son attending a good entrepreneurial University.

If we repaired everything that FHA would want repaired we'd need another 20 grand.

In AZ i know of a few deals in Casa Grande where when the "end buyer" heard about the double escrow, balked and walked, after he did the math.

IIRC the most I paid was about $500 so anyone paying a few grand is getting hosed!