Hi Diane,If you're looking at properties with purchase price values under that 75k mark then your best bet is to start with a light rehab loan scenario.

I would bet that the cost of the land is contributing to the $4M cost - although that does still seem high.. but I'm not super familiar with Truckee market. 

(I find BP to be the most helpful community on the internet)

I would bet your money is gone and the agreement to invest was fake.

About 8 satellite dishes hung off the outside all over the place, and many tenants each paid for their own cable internet/TV account.

Denver definitely is a commuting city, but the surrounding areas also have their own business hubs so lots of them are a good bet.

The new wholesaler, while well-intentioned, caused all of this by trying to broker a deal on the internet with no experience, by not vetting the title company to make sure they were real, by not knowing what they were doing, and by tying up that seller's property with no plan or expertise to get it sold.

Oh, because someone has marketed it as easy on the Internet.

Many thanks in advance,Victor Talking with my friends contractors in the area... some of this contractor offered very low price for their projects betting to build many units and market changed and they simply started to file bankruptcy... when comparing cost it's common you will find higher costs ... been in this market last few years, houses will start to move again in the next months in a normal cycle (not pandemic cycle) , if you're goal is getting long term rental in place for delay gratification...

DSCR mixed use would probably be your best bet and give you the best pricing!