Should we approach a local builder/developer first?

I found it on the MLS and the builder did not budge on the price so we offered a little more than asking so that the builder could cover the closing costs How did you finance this deal?

The initial goal was to find these properties for flippers or builders and then build up my future pipeline of "listing back" opportunities. 

Al,For a Flip, the usual coverage is a Builders Risk policy to cover the existing property and the additions/renovations. 

I have had clients that did not know this house was vacant 4 months caught fire burnt to the ground .. first thing the adjuster does is interview the neighbors and ask when was the last time anyone was living there.. so same thing here with the freeze you need builders risk / vacant home rider  in these situations. 

David (Architect, owner builder, first-time investor)

Secured investments tend in luxury markets tend to be wealth builders for equity purposes which is why people buy in those areas since typically returns have been over 10% a year for equity growth.

I'm also a licensed builder but usually only build on our own deals (on spec) when development or rebuild is viable.  

CPVC was used for water supply lines because it was so cheap but it had so many failures that most builders moved off of it as a building material.

What can we realistically expect from a builder in terms of closing cost assistance and/or rate buy-down