Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

32
Posts
3
Votes
Nick Zias
  • Investor
  • Flushing, NY
3
Votes |
32
Posts

Property has open permit?

Nick Zias
  • Investor
  • Flushing, NY
Posted
Has any one bought a property with an open permit and what problems have you encountered? I am currently considering a bid on a property in Long Island, NY that has an open permit for a dormer that was put on by the current owner. My lender and agent have advised me against putting an offer in because they said it could be a problem with other potential issues during inspection. If the dormer is up to code however it will be around a 6k fee for the permit which will be deducted from my offer. I don’t want to let this deal slip up if all that is holding me back is this permit as I will be able To cash flow a property on long island that will also appreciate. Thoughts? TIA

Loading replies...