There are definitely situations where selling to a wholesaler is someone's bets option, but they're the exception, not the rule.

Hi Cody - I utilize programs for my clients with sub-$100k properties all the time.The minimum value is $75k (though I have dipped under that by exception), with minimum loan amounts of $50k.

But still a very sought after area.There are exceptions to some communities a little South and East of Lake Nona and taper off a bit in Saint Cloud.

I got laid off for about two months and everything fell behind (except our mortgage, we've never missed a payment always on time) but our credit scores are horrible.

Should work for conventional except the oven situation.

Assuming you are keeping fairly apprised of debt options and interest rates, if the T12, cap rate is less than your interest rate, I would personally move on (exceptions apply if rents are several hundred behind market rates)These are three quick ones that shouldn't take more than 10, maybe 20 minutes to quickly determine and you don't even need a simple or complex excel model to complete.  

I'm in the same boat as you except I am looking in the Los Angeles area.

Being ready to act, saving well, and being open to learn and change are vital for your journey in real estate.

Undoubtedly, investing in real estate offers an exceptional avenue to embark upon this exciting endeavor.

There are a few notable exceptions i.e. condos near the convention center, but that is the general rule in our market.