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
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply

Hud home problem/question
I am buying my first investment property and it's a HUD home. The inspection states that plumbing was an issue: "the plumbing lines would not hold pressure indicating a leak or leaks."
The bank will not allow me to turn on the water. We are getting an inspection but what else can we do to ensure the property is worth buying. Now my lender is refusing to provide financing because "the house is not liveable."
This has turned out to be more work than I expected. Anyone have experience with this?