I simply add something like the following to Block 20 ("Additional Terms"):"Buyer reserves the right to finance a portion of the purchase price, but is not requesting a financing contingency".Obviously, if your financing falls through in this scenario, you are obligated to cough up the cash to close, or lose your deposit.

When the livable rehab was done, I refinanced the loan and enclosed the concrete patio into the tiny cottage with another contractor for $12,000.  

After my first buy there I can pass along a few things: 1)Baltimore is block by block.

Home is in central Florida and built on a concrete slab. 

I would do a simple counter top on the island, maybe butcher block to add character.  

The building is currently completely vacant and only has a concrete floor, studs and a roof...it's a real s***hole right now and I love it. 

I usually block out a 6-10pm window for this.  

Has anyone else run into this road block on their first deal?

And looking back, I'm lucky I didn't blow up the block since the gas water heater was in the garage.

As far as financing goes I have been looking into the 203k FHA loans and then refinance with something more concrete when the property is rehabbed.