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All Forum Posts by: Dandy Reiner

Dandy Reiner has started 1 posts and replied 3 times.

Multi-Family and Apartment Investing

Post: Inspections after placing a bid to buy.

Dandy ReinerPosted
  • Posts 3
  • Votes 2

Thank you Lien!  This makes me feel much better about knowing it is not pass/fail.  I'm going to put a bid on it :)

I'm so excited to finally get this going for me!

1 Vote
Multi-Family and Apartment Investing

Post: Inspections after placing a bid to buy.

Dandy ReinerPosted
  • Posts 3
  • Votes 2

Thank you so much much, Austin.  This answer helps a bunch!! 

0 Votes
Multi-Family and Apartment Investing

Post: Inspections after placing a bid to buy.

Dandy ReinerPosted
  • Posts 3
  • Votes 2

I'm a total newbie. I've never purchased any real estate before.  I want to make a bid on a 6 plex.  My question is concerning the inspection.  I understand it is expensive to have it inspected.  What happens if it does not pass inspection?  One of the apartments doesn't have a heat source.  They take in residual heat from the apartment downstairs and they use a space heater.  If is should not pass inspection, what happens after that?

1 Vote