you don't need a seller credit U need to renegotiate the purchase price.. is what normally would happen then pay cash to have all that done.or you can ask the seller to fix those items prior to closing and pay full price or have the seller fix those items prior to closing and raise the purchase price.

I'm not asking for profitability, I know how to run the numbers for that....As I said I'm asking about the price of the structure compared to other four unit buildings in the area there, and since it is a four unit you don't value it by commercial standards....

I'll let you know what I learn and look forward to comparing notes as we each enter this arena!

I'm still new and have a tiny portfolio compared to many others, but I'm over the first step and constantly falling back on this quote and writing my goals to keep this thing moving forward. 

I understand that your wife may be worried about failure, but any kind of investment comes with a chance of failure so the risks must be understood prior to jumping in and the fear must be overcome with the confidence of being successful.Since you're starting funds are $0, a HELOC can be a great tool for getting started, but ultimately you will need some kind of funds of your own because you must pay the HELOC each month during the flip.

But your QI technically only needs to be in place prior to the closing.

One thing to remember,  what you would make on leasing this out for ag use is pennies compared to return on other real estate investments.

Prior to BiggerPockets, I've had some people along the way help me on my journey, along with using real estate textbooks and podcasts from Columbia University regarding real estate finance for my knowledge.

I can tell you that the folks who will invest I met through meetup groups, my realtor, or they are friends from prior to me getting into RE. 

Most builders have their pet agent who is constantly sourcing and here is how it goes.the agent will find the dirt charge NO fee to the seller thereby getting seller top dollar compared to some wholesaler low balling them.. and then the agent gets the list back on a brand new home..