Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago, 12/10/2021
Inspection turned up some concerns, what next?
So I am a few deals deep and this will be my fourth long-distance deal. I knew going into this deal that it is in the roughest shape of all my properties but I also believe that it has the most opportunity for value add.
I just don't know where to draw the line, I already have it locked for a good price and will be asking the max seller credit for closing. I just have no one to bounce this off of and don't know whether to abandon the deal or proceed knowing there will be a significant amount of issues in the future.