As many have mentioned, most fix-and-flip loans allow lenders to fund up to 90% of the purchase price and 100% of the rehab costs, but they typically won’t exceed 75% of the ARV.However, If you're not including a rehab budget, lenders often cap the loan at around 70% of the purchase price, which might explain the situation you're encountering.It’s generally more advantageous to include a portion of the rehab budget in the loan.

I know for myself and other investors they have had situations where someone in the building department says something verbally but then when you go to get the permits or approval things have changed.

We're trying to get rid of the added stress of monthly repairs and simplify things.

Depends on strategy and your cash situation.

The best way to solve this situation now would be by ensuring you've presented the units in the most attractive way possible.

Is this a situation where we (as sellers) would reach out to a wholesaler?

Hello- I have a. situation that I need some clarification and understanding.Situation: My wife is the Conservator and legal guardian of her mother who is in memory care.

It’s more about the fun scenarios and balancing the landlord life without too much stress (unlike the real world).

And you're right about avoiding weekly travel—sound systems can save you time and stress!

@Salome Ditmars In addition to what has already been shared on this thread, trusting the sponsor will be paramount to you sleeping at night, and I can't stress that enough.