If you don't, you are looking at getting into credit card problems.Even though we are paying a little more on the contractors, it is almost a wash compared to carrying costs if we financed through HML or private lenders.

The buildings haven't been power washed in forever.

Obviously i don't know the market the way i should, but before i dive in... i want to know if wholesaling is totally washed out.

Obviously i don't know the market the way i should, but before i dive in... i want to know if wholesaling is totally washed out.

It's really no different than refinishing existing flooring or repainting, replacing a broken window, or buying a new washing machine when the existing one dies.Now if you were to do something like upgrade to hardwood floors from carpet, that might be a different story. 

Would be nice to see some of them get together and create some standards to wash out the lowlifes.

2. my second Option / thought is to use my VA loan, and purchase a nicer home / one that will rent for $1,300 - $1,500 a month ( afer the 1 year O.O. rule is meet ) , and plus I can technically get in a " Future " rental for 0% down .I could find an REO/foreclosed property that needs minimal repairs ( since VA loans are quite strict on the condition of the property in order for it to qualify and get approved for a VA loan ), and then do some updates ... paint / flooring while I live in it for 1 year , and then repeat the process of doing a Cash-Out refi and use the money for a down payment of 20% down on another $80,000 - $10,000 property.... wash ,rinse,repeat3.

------------Over view thread: https://www.biggerpockets.com/forums/50/topics/235713-a-wash-dc-bill-to-ammend-dodd-frank-and-safe-act-and-tila?

I washed the walls.

The house doesn't need any outside repairs except power washing siding.