This way, you hold onto an appreciating asset without a heavy upfront cash burden.

No sewer line is perfect and most can be repaired or limped along with cleaning regularly or minor spot repair rather than requiring expensive work or replacing the whole thing.Hopefully you can work this out amicably and negotiate that price down!

Investment Info:Single-family residence buy & hold investment.

Does anyone know what happens when a house is condemned when the owner holds a mortgage on it?

If you hold the investment for a specific period, you may even eliminate the taxes altogether.Economic Growth:Investing in low-income areas undergoing gentrification can yield excellent returns.

However, termites can be persistent, so a regular maintenance plan could add peace of mind and prevent future damage.For example, your pest control company’s plan charges $995 upfront for termites and $22 per month for ongoing treatment.

Be mindful that a house-hack is a partially a personal proprety and partially a business property.An LLC is normally meant to only hold business assets.

During our first deal we'll look at communication and regular updates.

Your consist numbers you have and the variable numbers that you can play with are rehab and holding costs...

If so, then it could get messy.  5% down is conventional so I don't think it would show on an appraisal, in that case you could work on doing an escrow holdback i.e. the seller holds a certain $ in escrow with the title company based on the quotes you receive.