He may have already overextended himself by spending $55,000.

Doing it yourself properly is a huge hassle and you could easily miss something.I've learned to use professionals and spend my time finding buyers/sellers/investors/properties.

Take a breath and spend a moment and write the actual chain of ownership of the mortgage down, line by line.

There's a lot to be said for spending your career doing something you may never truly master (if only because the field is changing faster than you can learn it all)...

Now I am a convert even after spending hours personally painting everything!

Even if I don't make a deal before I go back to my "real" job, I feel like I've at least gotten started and made spending some time on wholesaling each day a habit.

Although I live and work in NYC, I travel to Philly every weekend to spend time with my girlfriend and friends.

Or, maybe they think cash flow will be a bit larger and they spend the money.

.” - Benjamin Franklin“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” - Abraham LincolnWhatever you decide, we're here to help you get the ball moving.

Regarding your lender issue: is your seller flexible with timing and would he take a cash incentive to extend the contract and get the repairs done by closing?