It also seems like a huge risk and gamble to invest in a property without doing an inspection, but it may pay off big.

At best they'd say, "that's not investing, that's gambling."

I have chosen to go this route because I'm self employed and getting a conventional mortgage with a lending institution is not an option at this point.

I’ve chosen the Fannie Mae Loan simply because they will give you a loan on your property PLUS the rehab costs with as little to 3% down.

Don't settle for less than the full amount of your chosen estimate (unless it's such a super hot deal that you can't pass).Remember, no seller will take the care in getting the issues fixed for a sale that the buyer will.

We have built up some sizable equity because of this.That being said, we are now in a position to relocate and have chosen Florida for many reasons.

Our chosen hard money lender took a look at the appraisal and refused to fund it.

Our chosen hard money lender took a look at the appraisal and refused to fund it.

It is a gamble but adjust your price and it can be a winner.

@Derrick McKeever Glad to see you have chosen SB to invest in.