Hey Kenneth I would like to network with you, I'm a real estate investor myself but I also do mortgages and have a service where I repair and help build credit scores.

The practice of AU (authorized user) is one we used to actually teach in a credit repair seminar we ran for mortgage companies and auto dealerships.

I haven't auctioned any of my own property, but I have attended some auctions where the auction price ended up higher than what I considered the After Repaired Value of the home to be, and the home still need major updating!!!

Is doing property inspections, title searches and repair estimates a necessity for me as a wholesaler?

Some HML's will roll their points into the loan and some will roll repair costs into the loan.

I purchase single fams at less than 70% appraised value (after repair appraised value).

Also, what type of loan can we take out for repairs to the property?

-price: repairs needed?

You don't want to piss away any profits with repairs every single month.

p=18568&highlight=#18568For rehabs, I would recommend using the 70% of ARV minus repairs as your maximum allowable offer.