No idea what prices are like at different times of the year where you're looking, but a tired building in my target area (very close to a major college) definitely sell at a discount from the fresh/nice looking ones.

Note, point of sale happens when both sides deliver their perspective item.

You could do something like offer to buy on terms at around $76K-$81K and just sell it at around $99k with some fresh paint and touch ups. at $35k less any Realtor would would consider there client to buy at that price point.

I am currently in talks with an owner regarding a structured seller finance deal where the owner will agree to give me the rights to repair and resell his property and essentially serve as the property manager from a maintenance perspective, whereby I will be receive all the rents and also be responsible for the private mortgage that he will provide me.

Some lenders will offer a "construction to permanent" (or "construction perm") loan which, from a borrower perspective, is one loan transaction.

Fresh paint makes everything look better.

I've thought it would be beneficial to know something about the occupancy and condition of a property Before mailing a letter, but that greatly limits the number of letters I am able to send.Some perspective and advice would be appreciated much.

That’s how good it was.From laughs, to strategies, to laws, to just getting perspective on any of our concepts, Biggerpockets has created a very nice resource and community.

Having the ability to talk with confidence to your sellers because you know have real players that can close will put your whoelsaling business in perspective really quick..I luced out and found 1 cash buyer who bought my first 4 deals.

The most common term used by wholesalers "It just needs carpet and a fresh coat of paint."