Update 1.so based on feedback from BP and one of my mentors this deal will def be a bear. challenge 1 - obtain POF(proof of funds) since im looking to leverage the deal with private money, ill need to start searching.i did find an investor who is 100% financed but they made me a lesser offer than what i needed and it didnt cover the rehab cost and they werent interested in partnering up. my mentor has his funds tied up in a current buy.i have a small list of buyers but ill be contacting them shortlynext stepfind private money, orapply for hard money loantest my mettle find a creative way to finance this dealthings to avoidlosing my contract moneywasting the sellers/realtors time. avoiding putting the seller in worst financial postionthank you all for your input and feedback, its really appreciated.

Worst case by definition makes a great flip.

If your able to get heat in there for the individual units and get the same rent then that would eliminate the worst unknown about this property.

The worst they can do is say no.Do wholesalers only deal in cash?

I find the secret pet is the worst, because they will not let it to go outside to, well, you get the picture.

The worst scenario you'd want to be in is having to pay out of pocket or take profit from another property to overcompensate for losses on a commercial complex.

Absolutely one of the top 3 worst traits and red flags, you should forget about this prospect immediately.Beware, unless you can blast him with a huge security deposit like 3x monthly rent, I'd avoid him like the plague.

Or is it more advisable to buy the worst house in a good neighborhood, for around $15000 or $20000 that is need of cosmetic rehab and rehabbing it and BRRRing it?

When a House looks good on the outside and is not boarded up and is indistinguishable from other houses on the outside, how does one determine if it is one of the worst or the worst house in the neighborhood and could benefit from rehabbing and the BRRR method?

You could also consider a re-fi or HELOC, but again I would use this as a chance to get rid of your worst performing asset and buy 2 better ones.