Dzien dobra,In my experience (which only consists of buying my very first flip that I am house hacking right now) is that you only need a steady job, two years of job history in a related field, two months of bank statements, $1000 Ernest money deposit, $350 for an inspector, and a 640 credit score (for an FHA type loan).Credit score really doesn't matter much if you have the rest of the package.

Hey Joshua,Check the property out carefully, once you get the title, it comes with the whole package, meaning any other liens on it will now be your responsibility.

ThanksGreg You didn't specify the upside nor speak of a value add play in the deal so it's a little difficult to speculate how to best structure a creative financing package.Assuming it's a value add play with good risk adjusted gains at the end of the process then maybe the safest route is to negotiate a wrap transaction with the seller, and if your are concerned about a due on sale clause make it contingent on the lenders approval.The seller will confront these same financing scenario issues with all other buyers so if they want to sell the property then they can either deal with the issue with a reset and able buyer, you, or kick the can down the line looking for another buyer who maybe willing to assume a less than stellar financing package.As the buyer though your only concern should be the financing package that delivers you title, assuming you plan on making extensive improvements to the property, and allows you to earn what you determine is a reasonable cash flow from the project.Options aren't bankable.

It required me to put together a professional offering package that answered all questions, showed and proved probable outcomes, and also bring together an experienced team to develop.Often what many newbies to project syndication believe is that if the can point to a potential opportunity, they are tied into the equity through the end.  

.- additionally, he purchased light fixures- interior doors- and appliance packages for each unit which are all sitting in storage now.- since he did not do the roof, there is now water damage from the leaky roof, to some of the new sheetrock and sub floor.Here is where we have gotten so far:**read a bunch of info on NOI, Pro forma, CAP, and looked at other delapated multi family buildings that have sold in the area. 

I also offer package pricing so the client has options that work with their budgets. 

My husband's company doesn't offer benefits and its unreal how paralyzing having a benefits package can be!

But the Charlotte local REIA meeting is this Thursday. http://charlottereia.com/I'll be honest there will def be some package they are trying to sell but other than that I usually find them to be pretty fruitful and at the very least a solid networking opportunity.

Should it be a package deal? 

I got into this because I went for one of those guru packages (Not Carlton Sheets) and even though I learned a lot, I found out it is not as easy as the picture that is painted.