All new foundation, all new plumbing, all new electrical, new furnace, new water heater, new siding, new roof, new garage door, new drywall (house was torn down to the studs and rebuilt when moved).

If the inspection finds that a new roof is needed now I take that off the purchase price numbers.

What it two of you want to buy a new roof and the third does not?

heloc's are excellent sources of funding. it is payable in 10 years, however, real estate values will be thru the roof by then.

Total value of the duplex after running the numbers was $75k owner wants $89k.I also told him I would back up my $75k with cash after I do a physical inspection, if this place is as nice inside as he said it was.If he gets the owner to go at $75k I will have the first shot at this one.The SFH, Ughh, has mold on the first 4' of the entire finished basement, needs a complete tear off roof, and a lot of siding repair.

I asked Maria what's with the roof and she said she needs to get it fixed.

You can see that the 5 attached have really pitched roofs that make the upstairs feel cramped.https://maps.google.com/maps?

., electric panels, roof, plumbing, and sewer laterals.

The home with its sharp edges and multiple level roof lines at angles is very contemporary in nature, does that appeal to he buyers of Austin these days?

Roof, driveway resurfacing, interior painting, flooring can be done in a week.The point is, that much of what wholesalers do can be done without ever taking title.