Amy, I understand you may not be accustomed to paying for a walkthrough and every dollar is certainly important, but $100 seems like a pretty trivial amount of money to spend on a project that might end up netting you $15k or more.If you've read J Scott's book, my suggestion would be to do a rough estimate yourself and if the property meets your criteria based on that, call a GC to get a more precise estimate.

This way your questions can be more precise & specific about your questions.

It is unclear what your precise business model is so my advice would be to ignore any advice you've received thus far.  

I do not enjoy double broker negotiations because the communication can get a little less precise and lose my ability to have a real problem solving negotiation.

. :) He just helped walk me through a tough deal I am working on with precision and expert advice.

I will say though that using the argument if “banks are smart enough to loan on it” isn’t the best argument at the moment 😂 Precisely. 

If it's true what your saying, holding is absolutely out of the question for sure and is precisely why I started this thread.

I know the price of the property and I can precisely estimate the expenses.

I’m not sure if I will use it on my rentals but I’ll definitely take advantage of this option to decrease my personal housing payments over time, which puts more cash in my pocket each month.One thing my lender told me at the time was that while every Fannie/Freddie loan can take advantage of this, not all lenders or services will support the option, precisely because of the fact that they make more money via refinancing.

To be precise I have done 3 Agreement For Sale purchases.