It's actually snowing here this morning.....

Hi Arthur Garcia,I see you are a buy and hold guy, and I coach Lease Option Assignments, so I will give it a go.You can get an option to buy on-Sub 2Wrap AITDLease OptionContract for Deedor a Classic Wholesale Option to PurchaseIf you are trying to 1. help a seller sell on terms, instead of a traditional cash sale with an agent, 2. enter into the deal as a principal, 3. cloud the title with a memorandum of option, then 4.

I can sell it.I have the cash reserves myself to lend, as well as know both individuals who want to fund real estate investors, and customers.I've talked to hard money lenders in depth before and understand the traditional model.

Once it is stabalized and value is added you may qualify for traditional lending.  2.

in my experience the biggest defect that happens post-construction is water intrusion from rain,snow, or groudwater.

It does not look like a good deal to wholesale - here's why:Average ARV is $440,00070% of that is $308,000subtract the average $8,000 needed in for kitchen repairs and the number is $300,000This tells me you'll have to buy the house for around $300,000 if you wanted to wholesale it the traditional way.Since the $300,000 is a lot less than the $395,000 it's listed for you're probably gonna have a hard time bringing down the price by around 25%

It looks to be inhabited though because the snow was cleared from the sidewalk to the front door.Heavily leaning towards leaving this deal go.

We did all management ourselves at all hours of the night and got up at 5:30 am to shovel snow.

It sounds like your parents went the traditional route of investing.

Chris Hensley, I would totally agree - replace -Heck, this midwest - snow...snow...snow is definitely coming"But this is in Wisconsin, and winter is coming in just 3-4 months.