Great great location.Priced at 480K :shock: Property still needs 60K for repairs.

:shock: :shock: :shock: :shock: :shock: :beer: Get an experienced Real Estate Lawyer... check out DS News Black Book. it is a great resource for very experienced real estate attorneys...

Happened to me recently :shock: As far as rehabbing, marketing and the such.

Even when I was a real estate agent in Los Angeles at the beginning of the bubble, I couldn't imagine such crazy requirements to make an offer.Since I haven't really looked at MLS listings in a bit, I was pretty shocked.

The Layout is very functional usable.Foundation was shockingly level for a 100yr old house.

I just think the delivery could have been more pleasant in the first comment. 

The entire class was shocked...as I am sure were the tenants~!

I would be shocked if you could get a bank loan for 5% down on a land deal.

Question is can they cancel their insurance policy and have us put insurance on the property without creating a red flag for the mortgage company in regard to due on sale.why rock the boat over maybe a 100 or 200 a year seems like stepping over dollars to pick up pennies.. there is always a risk the bank will call it but as everyone will tell you it seldom happens but if it does happen .. its un pleasant for all. 

But I was hoping that this was a real steal and I was wrong in my assumption.So I went and looked at the property and I was shocked to find the condition of the property.