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Updated almost 5 years ago,
oil tank contamination in soil
im a new investor.
i found this property that seems like a solid investment. the only problem is that the soil needs to be tested incase it contaminated by the oil tank. my problem is that if the soil is contaminated (no previous insurance) i would have to fix it because the seller (bank) is not willing to do it. How can i get the loan and protect my $$ that i will be spending to replace the oil tank. What if i pay to fix it and the seller doesn't sell to me.