Wholesale Deal under contract in Bryan ,txit is a vacant trailer on a lot both owned by the Ownerunder contract for 55k needs 10k to repair get it rented outall together 65k to get the property and get it operational investor next door door similar situation got the trailer and lot for 64k repairs included.

Updated to my current situation.

While I may be more likely to do 30 and have the flexibility, your situation might be more geared towards the 15.

Thank you all for your help.This is a great forum.I'm sure I'm not the only person in this situation; and equally confident there is plenty of incorrect information and confusion about this out there.Thank you again!

If they have $20K in the bank, that would offer additional reassurances of their financial stability.

If a house flipper gets in a situation where the flip becomes too much and needs to liquidate, generally the only way out is to lose money and learn a valuable lesson. 

But sellers typically prefer not to retain the buyer's contact information to facilitate a clean transition to the next transaction and avoid potential financial entanglements, It's essential for buyers to recognize that the original owner could reclaim ownership if the property was purchased from a title sale auction, with specific state regulations, such as a 2-year reclamation period in New York, Despite these factors, owner financing can benefit buyers by fostering a sense of connection with the seller.

(cost of repair is about a month’s rent).Besides a none renewal of lease which only a few months away, any recommendation on what to do next or another strategy to address the situation would be greatly appreciated.

Anyone in your situation is gonna feel bad.

I am talking about investments, and this is BiggerPockets - starting the journey to financial freedom.