If it's 'good enough' buy it to start building a reputation as a closer with them.I would also be inclined to work with investors who I've met in person.

If the deal isn't good enough to support a reasonable commission, it probably isn't really a deal.

Own a 'good enough' primary res. 

Originally posted by @Ryan Corder:@Dan Bryskin, @Russell Brazil,  the buyer first saying they would accept a letter from the HOA stating they are responsible for fixing the sheathing and then deciding the email from them wasn't good enough.

I was going to suggest at your purchase price you might also look into unsecured loans from say Marcus by Goldman Sachs , or if your credit isn't quite good enough for them you can try Lending Club, or loan depot they all do unsecured loans and some will do them with less than perfect credit.Another option is one I'm using now just a construction loan, with a regional bank here.. they are loaning me 60k for a home 30k purchase and 30 for repairs/personal debt.. to lower my debt to income ratio..

You have lenders saying sure "6% with a couple points" and that isn't good enough.

many threads on them.. they from what has been said require a 3k deposit up front with no gurantee of funding.so its not no money down.. plus I think you have to front rehab and get reimbursed so you need money for that so once you start adding this all up.. you may want to talk to local HML s as well. just to compare the real apples to apples.the biggest complaint I have heard is people pay the 3k and can never find a deal good enough to get through their underwriting and just lose the money.. they do for the 3k though send you some how to books and tapes I think but you can buy that stuff on E bay for 50 bucks.

If it's a good enough deal, get an 80% bank loan and ask the seller to carryback 20% for a certain amount of time. 

Thank you for the encouragement, it definitely feels like too big of a project for our first one, but as you pointed out if the deal is good enough vacancies and setbacks shouldn’t sink us.

We had thought of using this option for a BRRR, but I don't know that it's a good enough deal to be able to refi in less than a year into a conventional mortgage.