Lets grab a cup of coffee and talk real estate

I would grab a standard contractor to rip it out and replace the floor.

Whom ever gets their first, grab a table!

a nanosecond.As I see it, here are the numbers:$37,000       Cash to buy$20,000       Cash for rehab$57,000       Total Cash in$125,000     ARV$57,000/$125,000   =  45.6% ARV....if you can't find a lender for this ratio to do a COR, then you must be in some foreign country.70-75% ARV     typical ARV used for COR$87,500             70% ARV (of $125,000)(57,000)             Total Cash in$30,000             Cash Out$87,500/$57,000   =  154% CCRAs long as the new loan payment, when subtracted from your current cash flow, doesn't put you into a bad cash flow (as in negative), then grab it and move forward.  

The other piece here is that I become less concerned with fuel costs when it comes to setting rent, so if fuel costs do increase, the tenant can elect to turn their thermostat down, take shorter showers, etc to defray the costs (much like when I tell my wife to go grab a sweatshirt in the middle of January, versus turning the heat up to 70).

Account Closed  agree with your take on bad agents and bad wholesalers.And that certain deals are time sensitive and agents may not be the best avenue.The reason I have owned a few brokerages over the years was to get a pipeline to the distress need cash tomorrow deals.. that my rookie agents could no way put together.My point and its the only point .. is that there is a RE industry.. and the person that grabs a home on a wholesale contract then tries to market it on crags list and only closes if they can flip..

I grabbed my boss as soon as he appeared.

Let me know if you'd like to grab a bite next time in the area.

If you're not focused on one area, it's not practical to follow proposed development districts to grab property before turnarounds happen.  

If so we should grab lunch sometime.