Hi Daniel, I would ask if they have completed a reserve study, when the last time was that they passed a special assessment and what it was for, if they have any upcoming capital improvement projects coming up, when the roofs were replaced, when the last time they painted (because if not in the past 8-10 years you may have a lot of leaks).  

They were then able to put term debt on the property, usually at 75% of value, allowing them to complete the BRRR strategy.  

I was hoping to simply cover my costs and have the 110K back to use on my next purchase and renovation.

If you negotiate a good enough deal that pays you then complete the transaction with the investor to buy the house you have under contract.

New construction is what I excel in, I have 3 new builds under my belt as well as 3 complete remodels.

I agree completely re Frank's $1500 boot camp AND 30 day DD take home course.  

A mortgage on a personal home is simply forced savings that could easily be exceeded and create far greater returns over a life time of renting and saving.Buy the liability of a personal home when you are rich and don't care about money any longer.

Get a certificate or letter or something confirming that the removal was completed on x date for this address, permits were gotten, inspections completed, and the whole process completed to DEP standards.

Hello everyone, I am completely new and green to real estate.

Hello my name is Walter, i have been active since 2016 and have completed 4 wholesale deals since I started.