We are currently fully licensed and bonded, so if any investors out there are looking for a good plumbing contractor with competitive pricing, feel free to send a message.

This directly affects the prime rate, not the 10-year treasury bond that drives fixed mortgage rates.

Never mind.Oh, I need to be bonded to drive this truck?

Unless you have something in writing notarized and certified then it has no teeth to it.If the city wants the land they could perform an abuse of power with a higher use buyer wanting to go in and make it difficult for them.

I gave up on short sales in Calif because there's a law regarding 'Purchasers of Equity' with real teeth in it, so the business of intervening in foreclosures in Calif is very risky.Count the cost before you begin . . .

If your interviewing and hiring someone you don't know then I go with a fidelity bond to go with with your business umbrella policy.  

The contractors you hire should be licensed, bonded, and insured.

@Steven Bond, would love to meet up.

I have proposed, enacted and vetted many ideas to invest in ways that take all of these things into account through my work with the big firms. some of my ideas helped them with their bond ratings and long term performance relative to their competitors. 

They are not accepting conventional financing yet the repairs needed to the home will not total 5k$, the min repairs needed to qualify for a 203k loan (unless the appraiser makes us fix stupid stuff like repaint, recarpet, etc then the 5k could be possible somehow) To top it all off, I am a licensed, insured, and bonded contractor.