These wood shake roofs are now unlawful in the Peoples Republic of Kalifornia to install, BUT, will a lender lend on a home with an existing wood shake roof that is in servicable condition in a lower risk area, to wit, a residential area in a city (Fresno)?

My question is, Do you  need a title company to do your closing or title searches , if you are working wit a real estate lawyer?

To wit:'Any problem that can be fixed by writing a check is not a problem' (E.

NEVER do a real estate deal without a contract, - signed, witnessed and notarized.

Below are 2 of my buildings followed by 2 that are on the market in nearby towns right now:My building 1 (value of about 350k) : 4  2-bed unitsGOI = 52kcosts = 19kNOI = 33kmortgage(25 year): 25% down, 14k/yearCap= 9.4%CCR = 22%DSCR = 2.4BER = 63%My building 2 (value of about 325k) : 4 2-bed unitsGOI = 46kcosts = 17kNOI = 29kmortgage(25 year): 25% down, 12k/yearCap= 9%CCR = 21%DSCR = 2.4BER = 63%building for sale 1(asking 500k): 4 2-bed unitsGOI = 41kcosts = 7k (building is quite new, needs no work)NOI = 34kEstimate:: mortgage(25 year): 25% down, 20k/yearCap= 6.8%CCR = 9.6%DSCR = 1.7BER = 66%building for sale 2(asking 650k): 4 2-bed unitsGOI = 56.4kcosts = 10k (building is quite new, needs no work)NOI = 46.6kEstimate:: mortgage(25 year): 25% down, 24k/yearCap= 7.1%CCR = 13.6%DSCR = 1.9BER = 60%Both these buildings seem overpriced but for years I've witnessed many such buildings sell at similar prices, so these are market prices.

Also just witnessed several bidding wars on SFR that went 50k above the asking.

Can anyone help me wit CRS? 

If your dad is OK w/ it, have him contact the relo company to request approval to list with you (I'm assuming your parents live in the Charlotte area?)

Ask your self what deals made sense that you witnessed.

If he/she can't accept you wholesaling, and you're committed to it, then perhaps you might want to consider switching to a broker which is OK w/ it.