I told the rep (who honestly didn’t look old enough to shave) that we won’t lend on a property if the purchase price + repair is more than 75% of the ARV.

My Engineering degree and experience managing BIG projects in Oil & Gas have greatly helped me Fix-n-Flip and manage my own properties. 

.- the guy is also selling jet oil from saudi arabia- their office is located at medical center haha- he's probably ex mortgage officer from obsidianmortgage in FL - his customer is so unsophisticated lol

My fuel oil is clocking $5.99/gallon which is up over 25% since last year.

@Sam Booth Yes to the Oil based Kilz on the sub flooring or something similar to help kill the odor.

Wetlands, underground oil storage tanks, easements, contaminates of other kinds and a host of other issues could exit.

Anything metal that is outside will need to be oiled or protected monthly from the salt air, door hinges, doorknobs, gates, hooks, handles, bikes, light fixtures, chairs.

. - underground oil tanks, septic) that are unseen can pop up in distressed properties a lot.

If the Fed does what is expected your indexed rates should start to decrease on these productsI always prefer local over Mega especially if you need financing in the future a relationship is more  valuable than shaving a couple bps @Kyle Kline

Forgive me if this is a novice question...The home is approximately 100 years old, and had radiators throughout the entire property, as well as 2 boilers and a large oil tank in the basement.