Please pour in your suggestions.This would be the deal breaker for me.

We are just removing the walls, adding new outlets on new circuits, replumbing in the same place, and updating with blown insulation.

Hello everyone,
I am currently searching for my first investment property to purchase and i came across one in my price range but the property details states that the house had a major fire 2 yrs ago. Interior has se...

There will always be a shiny object to chase, but you're usually better off sticking with what you've got unless there's a real deal-breaker problem.

The specs say 75 A draw; 2 x 40A breakers; and 2 x 8 AG wires.  

As far as lead and asbestos goes, it's possible there is some in the building due to its age, but that wouldn't be a deal breaker for me.

This is what I was told by a RE Attorney when I asked about them drafting up the paperwork for it.The only thing I want to warn you about is that every lease option that I have seen go to court as an eviction, where the tenant/buyer showed up and fought it, the local magistrates have always kicked it up to circuit court if they find out that there is a purchase agreement or option to buy in place.

Roofing is super easy, use a harnessMinor electrical, buy a good book, talk to pros, I run outlets, lights, switches, add breakers etc.

@Richard Wilson680 credit score is absolutely fine and not a deal breaker as a new investor.

If it’s positive $150/mo or negative $150/mo shouldn’t be a deal breaker. 3) in a few years when you’ve raised rents you’ll be cash flow positive on the shorter loan.