FYI it's generally going to have to be "dumb person and toddler" proof to close on the purchase ("dump person and toddler" proof is an easy rule of thumb for when an appraiser is required to call something out as a "health and safety" hazard), assuming you are getting a normal mortgage.

Be prepared to bite the bullet.

i would need a good reference from a previous landlord and proof thay the pet is spayed or neutered to consider renting to him though.However, I personally would not want to rent to the tenant though because they only want a six month lease.

Sometimes a pro-forma is just a sellers hopes and dreams, proof the projections against reality. land sales usually don't spin off these types of returns unless they are in or around resort areas or major metropolitan cities where new construction is coming, not sure how a mountain would play into that scenario unless it's mountain cabins.    

They lend based on the project financials.They can provide you with a letter about proof of funds for the specific project.

Then we will have to go with the Gas forced unit with the trunking or you could have 2 window unitsBid for remodelingDemo upstairs kitchen and tub and bathroomremove all debris from in the crawl spacekitchen down stairsremove tub shower down stairsremove old wall furnaceremove old carpethaul away all trashWindows and doorsall windows need replaced 14 total, the upstairs windows need to be special glass because of the coding from the building depart for height restrictionsFront door need replacedAll interior doors need replacesUpstairsWalls will need to be removed and replaced to convert to a 4-5 bedroom homeAll new interior doors need replacedPlumbing removed there will be no bathroom upstairsBathroomA brand-new bathroom will be installed with a tub shower, vanity, toilet,an faucets.

Both buyers have their pros and cons but weigh out the written offers and see where it leads The pro of selling to an investor is that the sale will probably be pretty fast and you may not need to do anything to the property by way of repairs, the con is that an investor is probably going to offer you a lower price.

Hey all I am seeking a HML that can provide Proof of Funds or LOI (Letter of Intent)Whether local or national Thanks in advance Expect Success 

Hi,What are the general guidelines about competing offers in real estate?Let's say I'm a buyer, trying to purchase a property. I make an offer based on the minimum I think I can get it for. Then, someone else makes a ...

Focus on choosing a solid house in an area with ready tenants, don't over pay and make the improvements to be comfortable and tenant proof.