About to win my bid for this property but I have no funding. Can anyone help? Need purchase $176,000 plus 40k Revo. ARV about $240,000

Back in Dec I put an offer on a Zillow FSBO which got accepted but seller didn’t sign because he lives in another state & has the property boarded up. Property is in Michigan. I reached out to him again and this is his response. Is it possible to proceed without an inspection? Any advice is highly appreciated!

What’s up guys! I’m looking at a 5-facility portfolio out of Alabama right now from a wholesaler's perspective. The goal? Clear a $100,000 assignment fee while making sure the deal actually makes sense for an end-buyer. Here is exactly how we break down the math when a seller's numbers look "too good to be true." 1. The Portfolio Snapshot - Total Units: 453 - Total Sq Ft: 65,650 - Total Monthly Income: $27,100 - Annual Gross Income: $325,200 - Current Occupancy: 82% (Upside alert! 🚨 ~81 vacant units) - 2. The Expense Trap: Seller vs. Reality The seller says they only spend $5,000/month on expenses across 5 locations. That’s an 18% expense ratio. Don't fall for this. Once a buyer takes over, taxes reset, insurance goes up, and management needs to be paid. Standard practice is to underwrite at a 35% expense ratio. Here is the comparison: SELLER’S NUMBERS: - Annual Income: $325,200 - Annual Expenses: $60,000 - Net Operating Income (NOI): $265,200 INDUSTRY BENCHMARK (35%): - Annual Income: $325,200 - Annual Expenses: $113,820 - Net Operating Income (NOI): $211,380 3. The Valuation (9% vs 10% Cap Rate) In this market, sophisticated buyers are looking for 9-10% returns on actual performance. - Value at 9% Cap Rate: $2,348,666 - Value at 10% Cap Rate: $2,113,800 The Reality Check: The seller is currently asking $3,550,000. Based on the real numbers, that’s a 5.9% Cap Rate. That is way too skinny for Class C storage in Alabama. 4. Reverse Engineering the Wholesale Fee If I want to make $100,000 on this deal and sell it to a buyer who wants a 10% return: - Buyer’s Purchase Price: $2,113,800 - My Fee: $100,000 - Maximum Allowable Offer (MAO): 🛑 $2,013,800 💡 The Strategy The "Gap" between the asking price ($3.55M) and our target buy price ($2.01M) is over $1.5 Million. To close this deal, we have to educate the seller on how commercial property is actually valued. We aren't just buying buildings; we are buying a cash-flow stream.

Hi all. Wanted to run this by someone: Home in need of light rehab. Maybe 30k. A wholesaler sent this to me: Asking price $485,000 650k ARV My lender will do 70% ARV which only gives me 455k. Means I have to bring 30k towards purchase and 30k toward rehab. I am a beginning flipper but I'm moving cautiously. Any experienced flippers available to offer me some advice on this one? Please

Drop your city under this post and find connections to get deals done #BigPaydayComingYourWay💰