The owner has dropped his price to $93000 other houses in the neighborhood are selling for $109 to $140 it's a 3 bed 2 bath with a double garage.

So roughly double the 7% investment... sounds like a no brainer?

It's always wise to double check though. 

As a wholesale deal for us, is it possible to do a double close with the end buyer having leverage instead of being a cash buyer?  

Randi Plevy do you know any real estate attorneys that do assignments and double closes ??

Have some sort of double-closing?  

Finding homes with a motivated seller and using HML to purchase the home and do a quick flip, or double closing and pocketing the difference. 

Hi @Nathan Roach, it looks like your previous post may have been removed, so you might want to double check the BP Terms of Service.

Better yet have a few contractors give you estimates.Or you could buy j scott's book on estimating rehab costs.The main thing is to know what you need done to the property, what rooms, etc and have the contractor give you an estimate.Pricing is all over the place and will vary by contractor.One good rule of thumb I heard brandon say in a podcast was to double your repair estimate and if you still do ok then it's a good buy. 

I apologize for the double post.