And can anyone provide more information about wholesaling based off experiences? 

Jordan, did you only have to put a down payment based on $92k?

It sounds like it is above the price point you are targeting, but it may give you some ideas based on the house-hacking method we used as an alternative to buying a multi-family! 

I would look at what your competition is doing and base it off of that.

I know what I think .. first off any Lender out of Vegas MUST be Licensed by the state and NMLS registered other wise they are illegal .. so run his name on the  NMLS data base simply google it and put his name in.. here are things to look out for.1. rates to good to be true.. especially for someone who is beginning. 2. just like what you said  too easy to approve u 3. bad grammar4. all approved just need 500.00  for app fee then suck more money out of u then go dark

But based on the NOI AND CASH FLOW. the purchase price should be closer to $125,000 to make it a good investment.

@Daniel Brown Yes, some banks will HELOC based on your tax assessment after the house has been “seasoned” lived in for 1+ year.While this would save you the $500 appraisal fee, it likely won’t benefit you in this case.You want a formal walkthrough / appraisal.

Base you offer on what makes sense not of how you imagine the other side will react.

Based on the pic, it looks like there is some room to the right of the stove for another cabinet.

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