If it makes more sense as a flip, you could always sell it to a wholesaler or take on the project yourself with an investor in a similar fashion.

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Hey Jeffrey, I'd recommend Mitch Davidson at New American Funding.

I would split the rent with the owner in some fashion.  

So far, ive contacted my current lender and New American Funding. depending on what i find, i might do a cash out refi to help fund my 1st rental property. 

@Sherri Silvestre you usually need 30%-40% down payment to finance vacant land in that fashion.  

I ended up ordering refurbished machines from American Laundry Equipment in Waltham Ma.

I think if your realtor adjusts their MLS search they can find those rehab opportunities that you can even still lowball on the old fashioned way, and the lowball will give you your rehab budget. 

So even though the podcasts mostly are directed to american real estate i can still use it for wholesaling in the netherlands?

Anyone who believes that Austin is headed for a major correction or sustained lower prices in the foreseeable future needs a compelling and realistic case for how the Austin metro goes from 0.6 months of inventory to well beyond 6.5 months.I think the most likely scenario is that the Austin market stabilizes and proceeds in a more orderly and predictable fashion at this new pricing level.