The market is great here, and appreciating as each day goes by...that said, I agree with what other posts have said and you should consider a JV (Joint Venture), or consider taking our an equity line of credit with a private lender/hard money lender.  

70% of ARV, or even 65% of ARV less repair costs less your fee is your formulaIf it's worth 340 and he wants 275 and it costs 15  to fixLook at doing a joint venture with the seller or a cooperative rehabYou bring in 15,000 in private lender moneyFigure 10% of value or 34,000 for sales costs340-34-15-5 for wiggle room -10,000 JV feeThat should get him his 275k and you 10k

Hello BP Members,We are Northwest Structural Renovations we offer rehab, remodeling and new construction services to Washington and parts of Oregon to investors, banks, homeowners, etc.Our family has been in the planning, engineering, architecture and construction industry for well over four generations.We plan to buy, fix and flip properties and also buy, fix and hold nightly vacation rentals and monthly rentals.We would love to hear what people have to say about the hottest areas in Washington and Oregon for our ventures and also any recommendations anyone has.

I'm in NY and have been in the conventional lending business for over 30 years and now venturing into private money lending .

I'm also starting real estate school in two weeks for more education and to get a license in the Michigan market...I'm taking step to start a successful venture into real estate.

I have been looking at your site and joint venture is something that I'm definitely  interested in.

One easy way is to joint venture with an already experienced wholesalerThe reason new wholesalers have trouble finding buyers is they don't really have a good deal.

With paper securities you have nothing to touch or see and no control over its performance.I don't know about flipping as a first venture into this with a full-time job and a baby on the way.  

(Joint Venture)?

Also at my last firm I worked in the venture capital division and was raising money from high net worth individuals and institutions.