They might want you to stew in it if you can't do the rehab.Your best scenario would be to bring in a partner on the flip who is experienced and share the deal with them to get the experience if you can.

thanks Your best bet is to partner with a GC or find a GC that a friend of yours trusts.

A lot of time you won't, therefore you also have to evaluate your marketing/sales strategy to partner yourself up with the right property owners that everyone wins in the end. 

Quote from @Luis Maza: Hi all, returning to the game this year and would like to pick your brain a bit, we started working with a wholesaler that will send us properties here and there with the "wholesale" price, but every time we check the properties and add the numbers, the margins are, well, I am not sure, too low perhaps, maybe we are getting to picky, but this is my dilemma for example...Today we got a property, wholesale price 300K, rehab about 50-60K, ARV is about 440k, but with the cost of hard money, we have about 100k cash, hard money interest at 11%, keeping the property for 90 days while we finish the rehab, closing costs,  commissions, we ended with 30k profit before taxes, while it sounds appealing, adding up all expenses and cost we ended up expending 50K on rehab(labor/materials) and about 50-60K with cost of the loan, interest, commissions, etc, everyone makes money, happy with that, but it seems that we are working to produce a 100k for everyone else, while we make 20-30k if everything goes well...In my opinion, we are not really getting "wholesale" price, it seems that we either buying to expensive, rehabs are much more than we would like to spend and the cost of borrowing that money is too high...We came up with thoughts as: lets fund it ourselves with money from a close friend/partner that we will bring in, and that would save us 10-15k here and there, but still, is that the norm now?

Quote from @Chris Williams: Quote from @Nick Belsky: @Chris WilliamsIf you have no money in the deal, you are putting all the risk on the lender or partner... why would they do that?  

Otherwise, you should work with a mortgage broker who can shop hundreds of lenders for you to help pick the best lending partner for this transaction! 

I might be interested in a good recommendation for a partner as well. 

Do you have any business partners?   

i would bring on an equity partner over a lender in this situation as for the lender it is just way too much risk.

He states that he can help if you partner with him, you both go 50/50.