Sadly, many buyers are actually paying these prices, because they are desperate to get deals and lack the discipline to wait until the market corrects.If you know that you can get the higher rents and are willing to accept a little vacancy in the short run, then this is a garden-variety value-add deal, assuming that you have the capital to do the value-add.I would try to get a handle on the rehab costs (worst-case scenario), and then take that to the seller and tell him that the property is overpriced because it needs X, Y, and Z, and show them the estimates you got.  

They have a variety of investment vehicles to achieve this, and your job is to attract them to your vehicle.

Debt will result in less wealth, and it holds you down in a variety of other ways.

But you'll find a variety of every type of investor on the site, and everyone is amazingly helpful.

But you’ll find a variety of every type of investor on the site, and everyone is amazingly helpful.

We are investors who have a construction background living in the southwest corner of Kansas looking for a variety of real estate opportunities in the 4 state area of SW Kansas, Oklahoma Panhandle, Texas Panhandle and SE Colorado in order to move our company from a remodeling only standpoint to an investing based company that allows us to combine our skills with new knowledge and networking opportunities in order to create a sufficient passive income that provides us the freedom to enjoy our time with family instead of being constantly committed to contract projects for clients according to their schedule.

Best advice: get multiple quotes from a variety of contractors especially if it's a larger rehabAlso, make sure you drive home the point that it's an investment property.

My focus is to find a mentor who has experience working with multi-family properties (10+ units) and needs a mentee to help him/her run the operations, find potential deals, scout areas of growth and plot their next move.My objective: To locate and hold multifamily properties with 1000 doors over the next 20 years.My skills: utilizing social media to reach a wide demographic of people, researching potential profitable situations, building rapport with vendors, working with a wide variety of people, marketing to a select target, constantly learning and maximizing resources.My intangibles: A "can be done" attitude, thinks outside the box, deliberate in decisions,and the ability to see the larger picture.My current projects: Wholesaling Campaign ( finding under priced homes and putting them under contract)I know that it is a large risk to take on someone without knowing them.

I've been speaking to a variety of lenders and I'm hoping to have something concrete before July because I'm getting married in July and she would hate for me to be thinking about real estate on the cruise.

I jumped into a variety of real estate positions throughout college and am now working as loan officer for a real estate debt crowdfunding firm.