It's very likely they saw the inside condition of the unit before you purchased it and they have the right to inspect.

Purchase price is $210,000.

I had a flipper come to me asking about doing a new development.He would need $240,000 to purchase the land from a wholesaler and then he would have his GC partner get the construction loan but they cant get the loan if their is someone else that has a lien on the property so i would have to collateralize against one of their assets which they don't have.

Do you already own any properties, or are you just getting started and looking to purchase your first one?

Quote from @Bri Hall: I purchased a residential lot that after being surveyed can have two homes placed on it.

Eventually I went to investment property (local purchase) and vacation home (2 out of state purchases).

If you're looking for ways to accelerate, consider these options:Seller Financing – Some sellers may finance a portion of the purchase price, reducing your need for a large down payment.DSCR Loans – These loans focus on property cash flow rather than personal income, often requiring only 15% down.Private Money Lenders – If you can find a PML willing to work with you, you may be able to put less down.Partnerships – If you’re open to splitting profits, you could bring in a partner who funds the down payment.Since you’re okay with the slower path, just keep stacking cash, but these might be worth exploring to move faster!

Purchase price: $65,000 Cash invested: $11,000 Our first investment has been a long time coming.

None of these strategies are new, all existed when I purchased by first investment but none were as popular as they are today.

Quote from @Jeffrey Bourque: ARV $350,000 - $400,000 3bd 1 bath 800sqft estimate rehab $70,000 purchase price $200,000What are your thoughts and should I do it?