* House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA     * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?

The property is a 3 bedroom, 2.5 bathroom townhouse. 

She did not know why the renewal had not gone through, but noted that the property was delinquent on its property taxes.In the letter from RAD threatening eviction, which Anderson shared with The Inquirer, the company encouraged her to register for help from the city’s COVID-19 Emergency Rental Assistance Program and provided a link to the program’s website.Anderson said the house had been newly renovated when she moved in in 2019, but she noticed some signs of shoddy work, like dips in the floorboards and a bathroom faucet affixed to the kitchen sink.Still, she’d had few serious maintenance complaints about the property and found RAD’s property managers to be sufficiently responsive.Deteriorating homesSlaughter, the tenant who was outbid for her West Philadelphia home by Mendenhall, wasn’t as complimentary.

I redid the master bathroom by removing the tub and putting in a standing shower with white granite looking tile, and a custom glass shower door.

I'm 42 with a family, financially independent, and doing it right now. 4 of us are sharing 1 bathroom while we slowly fix up this house.

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There were wet clothes in the bathroom floor and clothes and dirty dishes and rotting food all over the place. 

Purchase price: $179,000 Cash invested: $25,000 Sale price: $500,000 Replaced windows, remodeled kitchen and bathroom, replaced siding What made you interested in investing in this type of deal?

That light is going to go, don’t worry :)The scope of work is pretty much everything: kitchens, bathrooms, flooring, gutters, deck, fencing etc…, except for most of the windows and walls/drywall, which I was able to save (except for the front unit, which had some rough popcorn ceiling).The kitchen should look something like this render:There wasn’t room for a dishwasher and what I felt was enough cabinet space so I’m going without for the first time in one of these smaller units.

Storm sewer, storm pond, sewer lines, water access, fire hydrants, public bathrooms, surface coverage, sidewalk or bike paths, setbacks, power lines and right of ways known and unknown, road access, etc.              5.