You can finance 100% of the HUD total, up to 75% ARV, so if your HML renovation are on your HUD statement, you can refinance out all of your money.

Just ask, and if you have to, check with the closing attorney.Don't rely on their ARV, market rent or repair estimates - Smart wholesalers are in it for the long haul and understand that their success is tied to yours.

Try them both and find out for yourself.Adam Atassi  Total noob question -- What is PIN?

Totaling 125K altogether, which is above 75% of the ARV.Or, as they say, the rehab is blended with the purchase, both cannot exceed the maximum LTV of 75%?

The house required a total refurb.I like to start marketing early; as soon as I have an availability date. 

@John Thedford - Totally. 

Monthly Income: 1100Expenses:•-Repairs/ Maintenance – 50•-Real Estate Taxes – 112.50 (1.2%)•-Insurance – 30•-Vacancy Costs – 83•-Capital Expenditures – 100•-Total Monthly Expenses: 375.83 Downpayment: 18000Loan Amount: 72000 (with 20,000 rehab money)•-30 Years @ 5% interest Closing Costs: 4000Total Initial Investment: 22000Monthly Mortgage: 386.51Cap Rate: 9.54%Monthly Cash Flow: 329.32ROI: 17.96%After evaluating this, if this property was in a better neighborhood with less crime, would I be naive to pursue this property?

Rely on your PM and crossing major streets makes a HUGE difference in property values sometimes. 

So 12 units total.

Rodney Thompson We need to know what is the unpaid balance, total payoff etc on the loan.