Trying to build the foundation of knowledge before taking the leap. 

There are alot of ways to achieve financial freedom in real estate but it helps you build a foundation better if you can start off in one niche and grow from there

The existing mold problem is almost certainly caused by the downspouts dumping water at the foundation, something we will address immediately after closing, but we saw a puddle of water in the middle of the floor, plus water around the perimeter of the basement. 

But i have found at least 1 company to that sounds promising on getting a new build loan.

People keep backing out because a bank won't loan on it, and the house has a foundation wall that is in need of major repair / replacement.

The last paragraph notwithstanding, does anybody have any rules of thumb for worst case numbers on foundation issues, mold, outdated plumbing, electrical, etc?  

One of my worries is the trees by the house causing foundational issues.

There isn't anything structurally wrong with them where I'm concerned about the foundation.

Purchase price: $85,000Rehab: $60,000 All-in: $$145,000Current ARV: $180,000I just refi'ed and was able to cash out $135,000 so a little cash got locked into the property.The house literally needed everything from foundation repairs, to a new roof, all new plumbing, electrical, and a full interior gut.This property was initially 1600 sf, but it had a courtyard patio (house had a U-Shape layout).

I've been floored by the prospect of a 203K / Homestyle loan, but have yet to crack the code on how I could make it cash flow for me with only 3.5%-5% down (in the Bay Area at least....)After speaking on the phone with a loan broker, I was told that you could go as far as building an entire property with a 203k loan as long as there is an existing foundation.