All Forum Posts by: Jem J.

Kindky send me some info re. 203 loan. I bought a shell and goal is to fix and rent/ hold. I'm looking at different options to finance construction. Construction loan vs 203. Thanks. 

home inspection is done.  That is for repair but to certify that it is safe for occupancy needs a township inspector. The hone was extensively remodeled and updated all the way through and they have not one permit on record. Tenants can sue the landlord if there is no CO. 

Appreciate your response. 

home inspection is done.  That is for repair but to certify that it is safe for occupancy needs a township inspector. The hone was extensively remodeled and updated all the way through and they have not one permit on record. Tenants can sue the landlord if there is no CO. 

Appreciate your response. 

Hello all... Newbie here in bigger pockets.com. Glad to be here. About to purchase a 1935 single home in Chattanooga TN. It was marketed as move in ready and  renovations and updates were done.  Our closing date at this time is technically extended pending my request for a certificate of occupancy when I found out that there were no work permits of record from the building inspection department. The seller's agent contacted the inspector and we were told that the inspectior will not issue a certificate as it is not needed. If I am to believe that pigs can fly, an inspector, if requested, will do the best of their duty as required by law, to come in, and inspect and certify that the home is safe for the new occupants. It iis hearsay if without a written proof. 

Just wondering if any investors have this kind of situation before. My first investment property in CHA.

Thanks!!!!