Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Real Estate Deal Analysis & Advice
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 9 years ago,

User Stats

198
Posts
116
Votes
Rivy S.
  • Silver Spring MD
116
Votes |
198
Posts

newbie needs advice: under contract, just noticed weird floorplan

Rivy S.
  • Silver Spring MD
Posted

Hi all,

I recently put a contract on this property in Parma, OH

https://www.biggerpockets.com/forums/517/topics/257355-parma-house-b-grade-neighbourhood-1000-month-17-coc

I'm located in Dallas, so I hadn't actually seen the property.  My offer for 55k was accepted, and I sent $1000 earnest money.  But! I was looking more closely at the pictures on zillow (which I should've done before) and I noticed that the only full bathroom in the house seems to be off of the kitchen! (The bedrooms are upstairs).  Additionally, the house doesn't have a basement, and 90% of the comps do, not sure how that would impact rentability/resellability. 

Do these two things seem like a deal-breaker to anybody? Or are they not a big deal?

Also, what happens with my earnest money if I back out now? 

Thanks for your advice!

@Federico Gutierrez would love for you to chime in

Loading replies...