Then put an offer at asking to tie it up for a feasibility period.

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

@Chris G. any contract can be modified if all parties agree and sign it.Otherwise, your contract should have a renewal period or notice period with which either party can cancel.

Market Considerations: Given the 12-14 month holding period, how much does your target IRR change in a fluctuating market (either rising or declining)?

Comparing the pros and cons of purchasing the 2 home types is not my aim here.In Scope: The change in the sales price of new construction homes from when they were first sold after construction to when they were sold subsequently versus the change in sales price for existing homes over the same period.

If listing a property, FHA buyers may be ineligible until the 90-day period has passed.

(We're aware of the five year look back period for Medicaid eligibilty but it's not a big factor in our decision to do this.)We would get the house appraised so we can document paying FMV.House would be purchased with cash (it's a small home in a rural area and value is low)Inlaws would sign a lease so that it becomes a legitimate rental and we can deduct expenses, etc.

Property is considered unclaimed if there has been no contact or activity with the rightful owner for a set period of time, usually 3 to 5 years."

Seasoning also matters: lenders will want you to live in the primary residence for a certain period before qualifying for another low down payment loan.

A couple of them are big time investors these days with over 40 houses each and have moved up to STRs and commercial properties.Find someone that will share their opinions and suggestions and it'll help keep you motivated to get through the starting period.