There isn't one person on the planet who is going to go shopping for a rehab home done by Turn Key Kick *** Eat Off the Floor Rehab Homes, LLC and pass on everything else until they get one of those babies into escrow.

A few common items to be on the lookout for:  Look everywhere inside and out for peeling or missing paint and fix as necessary, test windows to make sure they open, can stay open, close, and lock (old wood windows may have problems doing this regularly or be stuck all together), review basement for any signs of standard black, non-toxic mold/standing water, make sure all stairs are cleared of tenant items (no bikes, boxes, etc.).   

The opportunity cost is $2,000.Holding cash has a cost because you can earn far more if you were to invest it.Nothing is free.I understand the concept of opportunity cost...except, I wouldn't consider 2% return and "opportunity" on any planet. 

That is toxic to success and happiness.

Other than the fact that I'm really cute, a great talker and have been on the planet longer than dirt, why on earth would they do that?

This allows me to bet on appreciation without acquiring a potentially toxic asset if prices drop.

I can't see there ever being a high demand for that on this planet... but that's just me.Kudos,Mary

So, not only did I get almost 100% financing (I have to pay 2 pts and closings costs), I also get the sage advice of a guy who has flipped more than 500 houses.There isn't a bank on the planet that is going to suggest to you how to run your deal.

oh bother... seriously.. someone give me a vote quick before I transform and burn this planet down:

I started with wholesaling just like you and now am flipping houses.Like most of you, I want to be financially stable, heck, just filthy rich so I can pursue my own evil robotic minion development to one day take over this rotten planet and  wreak havoc and make everyone bow in front of me.So I personally think the best way to do this is get money fast and often, and lots of it.