The best part is you'll be the only offer on the table for consideration, so your chances of getting it accepted are much higher :-)CASE STUDY: 1139 Clinton Rd, Sacramento, CA 958251139 Clinton Rd is a duplex in the 95825 zip code near the Arden Fair Mall and Sac State.

I work for a HML and we give out lender letters all the time to increase the borrowers chances of closing.

That usually gets a brokers attention.They can look at what your finances are and what type of property and deal size you want to purchase and see if it is viable or a big pipe dream with little chances of happening.Brokers tend to not mind educating IF,IF it leads to closed business.

The chances of getting prosecuted are miniscule, but complaints could tarnish your reputation.

Although it will require some amount of money, if you network hard enough through BP and local REI meetings there is a great chance you can find someone interested in funding and not interested in doing the work.

I have the chance with my day job to go to 1/4 time May-July which presents me a perfect opportunity to sweat equity into a remodel, and hire out still over half of it.  

You will probably also need to submit IRS Form 4506T.The more documents you can get to the lender, as quickly as possible, the better your chances.

What does a neighborhood look like that your willing to take a chance in but would scare most investors away?

Talking to neighbors with similar age homes may be able to provide some insight if you get the chance.

If I can find an additional house & give him a chance at scoping out the work, doing the rehab- Do you think this would be a 50/50 split on the profit after repairs and closing costs are done?