The contractor provided the sweat equity. 

I focus on places that need work and i put in the blood/sweat/tears.

Many people on this site have the problem of funding and capital and have the time for sweat equity, i am the opposite - i have almost 0 time and while don't have unlimited capital by any means - but have enough to get the ball rolling.

The answer is likely that you can't, so you will likely have to pay a premium for turnkey ready with no sweat equity to force appreciation.

I'm just wanting to do a flip with my financing and the other investor's sweat equity.Thanks in advance,Greg

If he has no Legal right to the property, no sweat.

They are typically cheap to upgrade because they are in C or D neighborhoods especially if you are willing to apply sweat equity.

If you are not under contract with him....and you are wanting to sell, don't sweat it.

The IRA prohibits hands-on management and sweat equity.  

A lot of them have lived in that home for 30+ years and have put a lot of blood, sweat, and hours at a 9-5 into that house if you know what I mean.If the reverse mortagage was not an option then these folks would end up living off of the little amount of money that SS pays and making sacrifices because they want to stay in the house that they have worked their whole lives to pay off.The reverse mortgage lets Seniors live out their retirement years in the house that they have known and loved along with providing them enough cash to make those years great!