Sale price: $170,000 This house was a screamer!!!

Pay for the survey, $700 is probably a good price, so I'd do it.

Duane,If you have someone willing to fund 100% of the purchase price then you can seek out a 2nd position lender to fund the rehab portion.

There is plenty that comes with the price tag.

I suppose it could still work if you negotiated hard and got a super rock bottom price. 

Lenders will allow up to 75% of the purchase price as long as the property can debt service. 

Currently living in Madison but looking to invest in the Milwaukee area as prices aren't as crazy it seems.

You're in a super competitive and very high priced market.

So in the end, I will be putting 4 new mobile/modular homes on these lots.Exit Strategy: Rent long term or Lease option to buy.The price of the "Farmhouse" is $175kRepairs: Pressure wash the house, paint inside and out, replace flooring: $10k$15k for fees, inspection, or any other unforeseen expenses$20k for Mobile/Modular Home SetupThe price on the 3 acres behind the farmhouse is $80kRepairs: Paint and new flooring $10k$15k for fees, inspection, or any other unforeseen expenses$20k for Mobile/Modular Home SetupTotal: $645kI have a lender who is willing to cover the deal @75% of the cost.I have a Gator who will cover the EMD.What I need is someone to help me with the Gap between that.

What sales price / type of properties are you seeking?