I would rather wholesale the homes - that would work better for me at this point.If you're interested, I can probably find some rehabs that would have similar spreads including repairs.

or wholesale properties in this market?

Ideally I would like to find a wholesaler in Orange County to work with.

Well you can always do a few wholesale deals and build up some cash reserves before you jump in to rehabbing...just locate some really good deals put them under contract...and sell your right to buy to a rehabber..this is what i am doing!

FYI -BOA announced today that they were closing all wholesale operations.

Are you wanting to rent it, lease option it, carry the note on it, wholesale it, retail it?

When trying to wholesale a pre-foreclosure,is it possible to offer a seller who's in pre-foreclosure the equity in their home and then use that as the offer?

Or look into the wholesale forum for info on how to put a property under contract while you are completing the repairs.

I'm looking to wholesale it @ $209 for a $51k fee.

If you flip, wholesale, refurbish and other things you are investing your time to create equity or to create lump sums of cash.When you hold long term as a rental you are trading time for money.