New construction loan advice would be great also.

Asking $3 million This will be a contract assignment and we do not own the property simply assigning our interest in our option to purchase contract.For more information, please call  870-613-xxxx. ( PS I am just guessing and I’m nobody’s legal counsel and don’t wholesale in South Carolina.)

Mortgage fraud laws are divided into two specific categories, which are:Fraud for housing, in which someone submits inaccurate information in order to be able to buy a home under more favorable termsFraud for profit, in which a real estate professional falsifies information so that they can get more money out of a transaction"most states also have their own laws in place.

Any advice or information is much appreciated!

These properties are currently being rented for a great amount with great cash flow.Most of the time, these properties are not in the worst condition, but they are not new either (I think about $10-20K in repairs needed) or even properties that have great tenants paying great rent in them.Now, if I analyze the MAO with the standard calculation (ARV * 0.7 - repairs - fee), it won't make sense for the seller, and he won't sell it (found out the hard way haha).What do you guys do in that situation?

Any advice on where to look or referrals would be greatly appreciated. 

There are a few people that would be wise to reach out to in order to get this information.

For example, seller may have 4.5% debt and so current NOI is worth more to seller than a new buyer who has to pay 6.5% debt.Seller finance is a great tool too.My only caution is to NOT overpay for a property in exchange for seller finance at an attractive rate.Here is a hypothetical say market cap is 7.0%.New conventional debt is 6.5%.But seller will carry at 5%.With seller finance at 5%: What price does one pay?

The Midwest might be worth a look—it's affordable and offers great cash flow potential.

Rhyna - I believe California some great opportunities out there.