Details are as follow, duplex with 6 beds 2 baths, 2592sqft, seller listed property as needing only cosmetic repairs but based on the pictures I assessed that both units would need updated kitchens and baths, a fresh coat of paint, new windows.

Post picture of the bathroom floor..

You can provide quarterly interest payments, bi-annual, or whatever structure is most desirable for your investors.Use your first property (pictures and numbers help) to solidify your experience and knowledge.

We like to have some type of printout of the property with descriptions and pictures so we can give them something to remember the property when they leave. 

This way they will have an accurate picture of our DTI.

Take lots of pictures anytime you are in the unit for any inspection. 

You would use hard money when you want to do a double close (that is not simultaneous) so that the investor doesn't know how much you're making on the wholesale.Other than that, I don't know why you'd want to bring in a HML.Transactional funding is usually a bit cheaper than standard hard money rates.

I took photos of the place and put the pictures up online as it was ready to rent it out.While we were working on the back house, we got the contractor to remodel the front house.

The plan would be to build 12 10x20 units that I could rent for about $90 per month and double the total income of the facility, but that will obviously come at an expense.So, my question is, how do I sell the owner on either dropping the price, or try to do a no (or very low) money down deal?

IE, I don’t model flood risk because I won’t buy in a flood plane.) but I model all the other scenarios exhaustively so that I have a very clear picture of what the probability of a profitable investment is.Below is my approach to modeling a stabilized property in suburbia USA.