If you are looking to by, buy in a buyer's market. 

also what would be the price that may be worth to you if you were the buyer and making an offer ?

I'm very interested in using a 203K FHA loan for financing the purchase, and rehab of a property that I would move into... and drive up the equity... eventually leveraging the increased equity to refinance & invest forward... or outright sell and invest forward.Is it possible to find a deal that matches my house hunting criteria from a wholesaler, and use a 203K loan to do the purchase? 

Other than that it’s really not that different from a non-short sale purchase from the buyer’s perspective. 

It burns up my buyers emotional equity. 

Caveat Emptor is Latin for Buyer Beware.

Supply has gone from less than a month to 3 month, trending toward that buyers market.

I tried working with NACA but their programs are against investors and more for home buyers.

@Marshall Fairley The wholesalers that get the most are Myers Home Buyers, New Western, and Net Worth Realty.As far as a formula to use with them.

She's wanting to do a pre-sale listing to see if we get an interested buyer and they have their own appraisal done so then we'll know for sure.I am fine with this but my question is, why is she still focusing on the homes with the lower values with lower grade rehabs when there are enough homes with similar comps and similar rehabs to mine that we can stay focused on instead?