Yes I understand that possibility, that's why I try to build relationships with the builders that I work with so they know that I'm trying to get them a good deal and I know that I can trust them with any potential contracts.

Note, this is from direct experience.It might be wise to also consider selling since home prices are slightly up in the past 2 years. 

Instead, as with a lot of south Florida wholesale deals- we ended up replacing and having to fix things that were covered up and two years later she was ready to go.  

This week, two critical economic reports—the CPI inflation report (Tuesday, February 13) and Initial Jobless Claims (Thursday, February 15)—will provide new insights into whether the Fed will stay on its current path or begin signaling rate cuts.Real estate investors looking to finance new deals, refinance existing loans, or time their next acquisition should closely monitor how these reports shape market expectations for the Fed’s next move.Current Market ConditionsMortgage rates have remained stubbornly high due to persistent inflation and a strong labor market.

Haven't found a deal that works for BRRRR. 

Wholesalers (no offense to those in the comments) who are doing this without being a foreign entity are probably co-wholesaling which is on the borderline and practically acting as an agent without a license or getting referral fees by having actual wholesalers on the ground doing deals and they just provide the leads which is different than wholesaling.

I finally pulled the trigger on my very first deal.

I found a pretty stellar deal in Texas hill country, a few months earlier than I was prepared for (doesn't seem like most deals have particularly convenient timing!)   

I've been buying and renting here since 2009, the deals are hard to find these days but definitely out there!

How did you find this deal and how did you negotiate it?