As a result, I didn't include a separate CapEx expenditure as my belief is the $4,673 maintenance/repair item would act as a method of capturing CapEx, capital reserve building going forward, and turnover costs.

In a traditional GoE scenario, the house appraises for say 300k, they still owe 200k, and the GoE is 100k (which is used as a down payment on a 200k mortgage).

Dear all,I've just done a home inspection for a property in escrow and need some help with estimating the cost of a few items.

Traditionally, beach towns generate money and tourism due to the beach, if polution is such a large concern how would this impact IB?

You most definatly do have the right and should send her notice that all items are to be removed.

Some items, such as the overhanging trees may not have been an issue for a different company. 

Should I take out a traditional mortgage (conventional loan) or use the equity in my existing home (Equity Loan/Heloc) to purchase this other property?

No such thing as a “short sale lender”.....you’re getting a regular traditional mtg based solely on your credit/income and the subject property appraisal.....doesn’t matter if it is a regular, REO or short sale.

Hi @Alex Shin , I have the same questions as @Ali Boone and others above.To answer your question regarding narrowing down your CapEx number, make a list of items that have a limited lifespan such as roofs, water heaters, HVAC, appliances, etc.

However I feel like I have no velocity if I am waiting to get green lit for a traditional mortgage company.