The taxes are killer here it seems, plus a good portion of these buildings look like they need a about 10k worth of work to be livable to my standards.

We got a killer deal- the same units are being sold for 50k more than what we are locked in at and we haven't even moved in..the place doesn't even have drywall in yet! 

anya,You may find a hard money lender that will work with you, but it depends on how much collateral you have in the property, they will not help you if there is no skin in the game, and if they do, your interest rate and fees will be killer. from what it sounds like, you may be better off selling as is and not creating more debt in order to maybe make more money on the sale. 

Then when you have more of a cushion, or find a killer deal, you'll be ready to leap.Once you create your ideal criteria, stick to it.

HOA are killers in HI.

, that makes it a killer deal... it had better be something really good.

These two items can be deal killers, so make sure you underwrite the deal with the amounts you'll end up paying, not with the amounts the seller paid.

In order for their to be room for everyone to make money, the wholesaler has to negotiate a KILLER deal.

BUT, after further research i find that most banks have a seasoning period of roughly 6 months... not so exciting. at 12-15% interest a month on the HML thats killer. so for the TL;DRI want to Buy and repair Cash only property roughly 155k.

I think I may follow your advice and just wait for the next killer deal.