What I have found is about $30k is avg. for the structure.

Usually you can get refinanced in 90-180 days depending on the lender and the strength of the borrower.As far as structuring the title, that is something you want to get the advice from your lender and CPA before preparing any docs defining ownership.

If there is only one or maybe two layers of shingles, and the roof is structurally sound, then adding another layer may be acceptable.

Converting some of the downstairs into a master bedroom with walk in closet and ensuite, 50 % new roof, new floors throughout, paint, finishing a sunroom, refinished kitchen and baths.ARV: $189,000 1)In looking at the pics, you really need to have a good general contractor take a look at the sub-floor structures as it look like it suffered from severe water damage. 2) If you have not already, you should budget new engineered flooring because even if some of it is salvageable, you're not going to be able to match it up. 3) Going to convert downstairs space into a master?

You never want to be caught "structuring" - that is bad and you will be looking over your shoulder forever wondering when a Grand Jury is thinking of looking into your practices.

Properties that are uninsured generally need quite a bit of work, but you will find some that don't and are listed as such because the inspector found a weak spot in the floor (which they classify as a structural problem) which is usually a pretty cheap fix.

It depends on how it is structured.

Larry Great Question Larry, If you buy the properties right and structure them to show "cash flow," on your tax returns you'll be doing yourself a favor by increasing your qualifying income to purchase additional real estate or primary homes.

Any ideas on structuring a deal like this would be appreciated.

If I'm concerned about a potentially big issue (structural, mold, etc) that I can't evaluate before I put in the offer, I'll include a 3 day due diligence contingency.But remember, between the time you get your offer accepted and the time all the contracts and addenda are signed by all parties, you have a few days to do your due diligence, get contractors to give bids, etc.