It several more maintenance items to deal with, more then a well with a filter/softener.  

Some are also wholesalers or syndicators structuring deals this way for easier transfers.

Depending on the state and depending on how they vested the property, and depending on his cooperation, it could be a very big deal.

You might’ve rate-shopped a bit early, but it’s not a deal-breaker.

@Javier Esquivel holding or selling would depend on what the property would rent for, what type of debt can be placed on the property and at what cost..Let's look at the numbers.value $117K75% ARV $87,500(Assuming this is lenders LTVRepairs $35Kall in after purchase is $68K(Depending on closing costs etc...)If the property would rent for a minimum $1400 I would hold as the property will cash flow and I would have the ability to take out all of my initial investment after lenders seasoning period.Delay finance at $75K @ 6% 30Yr Am P/I($500)\cash flow $200 per month at 50% expense ratioyou'll have $0 money into the deal with cash flow and around $42K in equity.This would be a no brainer hold for me.All the best!

This deal is priced at 300k.

Happy you spoke up.. what's your angle on creative deal structures, even if they're not your main path?

If you get a good deal on the price, my suggestion would be the second route to finish the renovation and try to sell.

How did you finance this deal?

We just want to get out of the deal, do we have a way out?