If you are an appraiser such as Richard then you have an advantage to put a package together to bolster your position.

There are properties that were taken back by banks and then bundled as a package and sold in bulk to investors.

If you can't find a lender to take the package in that manner (I think you could) then you can go through that minor-sub process. :)

Most LO's and processors can't live up to their expected standards for package in a loan so borrowers get steered to a "easier" lender.I've done a lot of loans through Provident funding often times with little to no prior to doc conditions, but then again if I submit a loan to Provident I do the processing I can't trust my account to just anyone submissions need to be perfect or they'll cut you off.

I was told that there are crucial elements of investigating a property before even attempting to buy it.

I was able to gain valuable experience walking these properties and working with the construction team to estimate cost of rehab and see the entire process through, from rehab to actually packaging the property for sale to investors.

You're absolutely spot on about it; never let anyone else do your thinking for you, it's a key element to investing.

I must admit I was actually considering jumping ship from Niagara for a bit once I received the package from the city.

The only access was blocked by a package A/C unit and they would not move it or permit us to do it.

Do they want a full package off the bat, or do they want address, purchase price, rehab budget, ARV and amount of cash you are putting in?