When you can answer this question intelligently & honestly you will know the right sellers to target.

Get a good estimate of what it should cost to make all the repairs, deduct that figure plus maybe 10 -15% more as a "buffer" in case you discover it's worse than you thought and present this to the seller.If your seller is intelligent and motivated to sell, and you present them with the facts, and a well written proposal detailing the costs involved to get the house into the condition that you thought it was in when you made your offer, chances are they will understand.

Your youth, intelligence, desire, "telling your story" and most important "hands-on experience", should help you reach most any goal, including a nice portfolio of income producing properties Josh!

Commercial lenders can be found in the UCC.So, these arguments about who a private lender is can be clearly found by the process of elimination and by specific exclusions in laws and regulations.No skin off my nose if folks would rather argue about it, if a situation ever pops up where it matters, you can learn later on, probably the hard way for some.I recall an examination of a bank in Arkansas, the President got into banking by the virtue of having the money to do so, there is no intelligence test required to own a bank.

Darwin stated that it is not the strongest or the most intelligent who will survive but those who are best able to adapt.

In this conversation, even very intelligent and capable owners argue themselves away from the concept of risk.

Really great deals can be hard to find when you rehab-to-rent or fix&flip, so I just couldn't see the intelligence in handing over a great spread to someone else for a little quick cash.

Find a great estate planning attorney who can solidly protect your home from predators and then you will have the confidence to take intelligent risks in your financial future.

I'm trying to say, too many come to me and insult my intelligence implying or attempting to sell a deal rather than let it speak for itself giving assurances and telling me how brilliant they are.

@Bill Briscoe, You speak intelligently and convincingly on this topic.