What would be a reasonable discount request on a property looking at structural foundation repairs to include some re-grading to prevent repeat issues, potential mold treatment, window replacement (total 20 windows).I believe in being fair to both seller and myself and I keep hearing and reading (as I went online and started researching this as I wait to get inspection report), I keep hearing that in this market most homes will have some kind of foundation issues and that should not be a deal breaker.What other advice would you give.I do like the home, it has great curb appeal, but I believe in the say, “A home without a foundation is not a home”, so I do want to be careful not to be taking on a home that will leave me stuck with a hefty bill.I plan on continuing to do my research throughout the day as we wait on the inspection report and will eagerly also await any comments that group members can offer to help me make my decision before 12midnight tonight.I hate to lose this home, but I also hate to take a risk that may leave me with a hefty bill down the line.Any comments will be appreciated, good, bad, ugly…… brutal honesty, I will take it all with gratitude.Thanks.

What is very troublesome to me is the length of time between submitting an application, arriving at a decision and the final date set out for payment or move out/eviction.

Good Luck and keep us up to date on your venture.  

I’m trying to take the RE exam in December and wanted to know if anyone knows really good resources either online or books aside from crash courses to study and practice for the real estate exam?

I’m trying to take the RE exam in December and wanted to know if anyone knows really good resources either online or books aside from crash courses to study and practice for the real estate exam?

@JEFF D. wish I could be more helpful to you, I have bought and sold 2500+ units and never had to do a Phase 2.As you finish out your due diligence period, and assuming you will sell this asset at a future date, a Phase 2 could limit the number of buyers in the future so give this 12 unit deal a real close look to ensure it is a solid deal.Good luck!!

BP has everything you need from free online educational videos to connecting to other investors, you can't go wrong on this site!

You're right, I'm using a slightly out of date investment property rate, and was told I'd need to put 25% down.I pulled rents from Rentometer, which is reasonably accurate for my other properties, but I will need to do actual local comps. 

Andrew, I am a senior now taking my classes online to focus on my businesses but I have some firsthand experience that I hope helps you out.

I get the general concept but I couldn't find great information online about how it worked in my area.