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All Forum Posts by: David Venancio

David Venancio has started 6 posts and replied 23 times.

Post: First Deal hiccups in Milwaukee

David VenancioPosted
  • Investor
  • Milwaukee , WI
  • Posts 23
  • Votes 8
Luckily, I was ahead of the curve in getting the inspection done and I was awaiting the signed agreement from the bank before sending in my earnest money....all said and done all I am out right now is the time it took me to find the property, they might come back with a new price or comment to repairing. We will see but I'm looking for a new property.

Post: First Deal hiccups in Milwaukee

David VenancioPosted
  • Investor
  • Milwaukee , WI
  • Posts 23
  • Votes 8

thanks Brett

Post: First Deal hiccups in Milwaukee

David VenancioPosted
  • Investor
  • Milwaukee , WI
  • Posts 23
  • Votes 8

I'm a new investor setting up shop in Milwaukee! I recently found Bigger Pockets and have been listening to podcasts and reading blogs trying to learn as much as I can. Working on my first deal, found a bank owned SFR that had been partially remodeled, looked good - 3/2 $54k. I accepted a counter offer from the bank, set up a inspection.....all good until we got to the property and all the Cooper was gone, sheet rock ripped out and pipes gone!

Guess it could have been worse! But months time gone...

The one thing I'm learning through listening to the post casts is to be prepared for the unexpected.

Thanks for all the great information, looking forward to closing my first deal!