I have a duplex under contract here in DC.  The floor of the first floor unit is dipping in and many of the corners aren't quite 90 degrees.  All signs of floor joist rot, damage or settlement underneath.  There is no...

There are a lot of unknowns that factor into that, like city regulations, taxes, competition from hotels, air bnb fees, and management/turnover. 

Look at those payments, then put the unknown imputed tax rate on that higher amount, deduct the taxes and you'll see you're probably worse off over the long haul.

If the title issues were unknown to the seller, there would have been good faith dealings, if the seller had knowledge, the seller can be liable for damages if they failed to cure the matter.

IMO, what might help is a letter from your attorney to advocate your position due to undue constraints as you were not familiar with the new route which was then unknown that needs to be taken, but that it poses additional risks or exposures, if such applies.

It's really not that bad, you just need to budget for a gut rehab +10% for unknowns.

I actually haven't ran any numbers because there are so many unknowns. 

The conflict I am seeing is that if the seller decides to hold the note for me or wrap a mortgage then the money is not due upfront and the agents commissions are supposed to come from that money.Another problem is that a good majority of agents arent familiar with seller financing and may be afraid of the unknown.

Unknown people on the lease?

Hey everyone,This post is related to my other post about a house on Hubzu that is across from my parents' current home.From everything my parents and I can gather, it seems that this house is unoccupied during the day...