Most property inspectors are going to look at you a little odd if you take them into one of the dumps that most wholesale deals are.Now who IS better equipped to walk through a wholesale deal is an experienced contractor.

Any lead abatement work must be done by accredited supervisors, contractors, workers, and/or inspectorsc.

On the hand, we reward our team and contractors with gifts and a year-end dinner.

†Hire a contractor to walk through and have them tell you what they are thinking and why.

He paid $95k for it ($80k on a HML at 14%, the rest on CC- was 0% now blended at 11%)A family friend/contractor agreed to do the work in exchange for profit- a 60/40 split (this was the best option since my friend didn't really have the funds to pay someone up front).

(B) Licensed contractors or material suppliers to correct the violation of any statute, ordinance, or regulation relating to the habitability of the premises

It also makes it easier if a contractor gets fired or walks off the job, to change the locks and give everyone a new key.

I have been a contractor for alot of years and have always been interested in real estate, so finding decent deals and fixing them up isn't a huge problem.Still working on exit strategies, talked a good bit with a local portfolio lender and looks like I will be able to get permanant financing after the rehab with them.Going to work with a hml and do most of the work myself, while expensive this should allow me to increase my reserves slightly during the project and then refi with no cash out, hopefully straight into the next project.

If the seller defaults on that contract you have a legal right to sue and/or place a lien on the property (depending on your state laws) for specific performance and/or damages.Technically you have an equity stake in that property with a valid contract or option to purchase it, so by marketing/reselling your own interest in a property you are not performing any type of brokerage or agency.

Welcome to BP David good to see a contractor here on the board.