Have invested in ABQ with first purchase in 2020 - and that was based on my knowledge as a film/TV friendly area and affordability.

Hey, I’m an investor friendly agent over here in Rochester.

I have purchased many properties without a tenant in place.

Who owns the solar panels and what's my liability if I continue with the purchase?

Purchase price: $220,000 Cash invested: $45,000 This is a 2 bedroom, 2.5 bathroom rental that I purchased.

I was to purchase a house in NC, but due to some information that was not disclosed about the house, we decided not to buy it.I will be getting my due diligence  money back and asked for money back for inspections but seller refused.  

@Frankie Lotrec if you have an existing loan on the property and you plan to legally convert from a 4 unit to 5 unit , you should check the loan documents because you’d essentially be converting it to a commercial property, since 5+ units is considered commercial and subject to different appraisal approaches and so it would rule out the property being considered for purchasers utilizing residential financing.  

Be responsible for your own purchase decisions!

I have a friend who is a banker locally, he's seen business bank numbers for 40 years...he know what makes a strong business client and when it is a weak business with some good years.

I'm scared to purchase a second home but we have the funds to do so Do it!