Wholesale, foreclosure, and seller financing can work too, but I’ve noticed that careful analysis and having reliable local contacts often deliver the best results over time.So as you two gear up for your first flip, how are you balancing the potential risk with your long-term goal of buying rentals?

You would expect a clean title at close so if there is some issue, then either it would be resolved by the seller or the deal would fall through.

Sellers with no debt would rather hold and do nothing - in some cases with vacant properties - than accept less than they think properties are "worth."  

As we approach 25K active listings on the market, we are starting to see a balancing of Seller and Buyer, and some soft corrections are underway. 

This is one way to manage costs risk.The ways to own the property besides FHA & conventional loans is with private loans, investor DSCR loans (non owner occupied); seller financing, lease options, partnering with others to take the property down..... 

He's ready to list it will a seller as I type this.

Creative financing options like seller financing and partnerships can help build a successful portfolio.Good luck!

- Doesn't matter what seller is asking, only what amount makes your analysis work!

It's a combo of low housing supply, higher interest rates vs. seller expectation, and a poor economic outlook for the country.As an investor with a few rentals it's like like the parking brake is stuck on.

I look for non-inflated markets and work aggressively on the deals and finding my types of sellers.