And by the way, there's a house down the street from me that is on the corner of my street and a moderately busy street.

We are asking 20% of the monthly income to help pay all "Holding Cost", with our organization covering a clear operational deficit to allow owners to net at lease $900 per month each ($3,600 per month) to enhance their ROIProblem is these two people don't feel my company will be able to make good on this offer, paying expenses, and eventually letting them exit deal with at least  about $60,000 to $90,000 each after sale of the units, which is not counting $900 per month they enjoy while we do all the work in moving low to moderate Renters from Rent to Home ownership, which is the Mission of the Non Profit Community Housing Organization.

It don't think it matters at all.Now, with that said...lack of inventory + high demand + property taxes = cash flow that is very difficult to find on listed deals, in areas of moderate to high desirability.  

Realize that any time government is involved with financing, there will be strings attached, mot all of these programs will require providing housing to low-moderate income tenants at different levels.

FHA offers a low down payment about 3.5% but their mortgage insurance is high monthly.Many buyers do not know that conventional can be had with good credit scores for 5% down and mortgage insurance is usually less monthly.They each have their pluses and minuses.On selling to someone with cash it will be predicated upon what rents can be had for the purchase price, monthly condo fees low, moderate, or insanely high, and if rent controls are in place.Example an investor wants to pay cash but the condo development out of 100 units only allows 20% to be rentals and the max has already been achieved so an investor would not want to buy the unit because they can't rent it out.If the monthly condo fee is high you might need to offer 6 months or 1 year no payment on condo fee and eat that as a seller cost to sell.   

MODERATOR NOTE: Please answer the question only.

This could be a house built in the 1990's in a suburban neighborhood, or a moderate sized apartment with decent carpet and a dishwasher in a nice downtown neighborhood.

Does anyone know of a wholesaler in the DC area that can find a SFH in good school districts in Northern Virginia (even as far out as Warrenton, VA) for under $450k that need light to moderate rehab?  

Some of my deals are stable cash-flowing assets with a moderate upside, while at least one has a huge upside but is more risky because turning around a poorly performing property is a challenge.

PLEASE NO OFFERS OF FUNDINGSUGGESTIONS ON HOW TO FIND PRIVATE LENDERS IS ALLOWED - MODERATOR