Is there any kind of budget?

Make sure they provide you a complete scope of work and line item budget.

It'll be difficult to see all my buddies new trucks and sports cars on the road next to my 120k mile dodge dart, but will absolutely be worth it :)  Best of luck this year with all your endeavors, and Go Rockets! 

No only are you able to cut out one of the most expensive portions of your monthly/ annual budget, but you are also beginning to add to your portfolio at the same time.

Once completed, we were able to pay off the private notes and are only left with our remodel budget in the property.

That's a simplified version, Lee, but I think for most new investors trying to break into this business on a shoestring budget, and that's most of us, cooperative assignments are the best strategy to use.

In order to secure more favorable long term financing I deeded the property to my personal name before beginning the refinancing process.Also When purchasing vacant properties always budget for the unexpected. 

Block Actual has some good features green space and cobblestone sidewalkBut came in under budget so move forwardOnly 10 houses on the block.1 just rehabbed , sloppy owner thoughMineAnd another slated for rehab next monthFrom feedback from potential buyersPrice seems to be correctShowings plentiful Issue is people think block sloppy, close to stores but this is urban living!!!!

The bad news is that a wholesaler has it under contract right now and won’t budget on the price what should I do?

Went 3 months over schedule, had a contractor ghost us, regroup and go 30% over budget and yet it still cash flows.