However, it seems that the contractor missed a step with installation.

Properly sealed pavers would not have soaked up the oil.Regardless, it seems like it is fairly easy to remove oil from pavers.

All of this works because proper due diligence was spent in the beginning to more fully be aware of what one is dealing with.

If not, Foremost and Proper are both top notch STR insurers.

Well, the reasons given generally fall into two categories - either tax benefits through an “installment” sale or obtaining an interest rate on their capital greater than what banks are paying.In my 45+ years doing real estate deals, I’ve found maybe once that the tax argument was considered by a seller; further the “greater than bank rate” argument is completely irrelevant because - the proceeds of a property sale were never going into a bank account, at least not most of the proceeds.

Draft a Contract for DeedAlso known as an installment sale or land contract, a contract for deed is when a buyer does not receive the deed to owner-financed property until he makes the final loan payment.

We almost moved there in 2017 and even had offers on a few homes that went far more above ask than we anticipated.We ultimately moved to Metro Detroit and invested in Detroit proper.

I would need more details about what you are looking to purchase and credit scores to be able to properly price this out for you!

Generally speaking, I have not seen underwriters look too deep into occupancy concerns related to second home vs investment property since Fannie/Freddie installed new LLPAs a couple years ago that make the pricing for each aligned in most cases.

Thus, the next challenge and frontier for many DSCR lenders seeking to serve the growing number of real estate investors pursuing this strategy is to cement a qualification and underwriting methodology to properly qualify MTRs and accurately project their revenues.