Simple simple stuff nowadays, average handy person can do a conversion at home to rig it up. 

I would say the only people that could sell their property for market value or higher are people that have cookie cutter homes (ie Condos, town homes or homes in HOA communities and where homes are renovated).

Once that is set, you need a cookie-cutter, inexpensive project 1. 

If anything unforseen happens you can go under.100k is a real solid amount to start with a nice cookie cutter project with financing. 

If you are new, you need to come with as much of a cookie-cutter deal as possible. 

@Matt Durik, I always try to make things cookie cutter if possible.

People will say Jerome rigged it for biden, etc., I think they'll hesitate too but obviously lots of time between now & September.

See if they can run the cutter through there and clean it out.

What is a good first deal...1) Project cost is less than 72.5% of the ARV, under 70% is really good2) The Rehab should be no more than 75% of the purchase price3) Borrower's credit mid 700s4) Total loan amount under 200kThat is a cookie cutter first deal and in those scenarios I have gotten 90% of the purchase for first time investors/borrowers.

If you are just entering the borrowing environment, then come with as close to a cookie cutter project as possible.