There is a zero percent chance that their estimates are accurate in Texas as we are a non-disclosure state. 

In my market in Philadelphia, these range from 25-45%.My best advise for a first investment would be to either buy a fully renovated, turn key type investment (full disclosure: I'm a turn key provider), OR go through the process yourself.

If the mold issue is included in the disclosure, be sure you will have a rough time flipping without proof of professional remediation.

In other words, just investing in bank CD's I can outperform this over the first ten years.In the interest of fair disclosure, this does not include any life insurance, so you are taking your chances that she will live ten years.

#subto #wraparound #subjecttoI warned people on BP to not touch VA loans because there are specific disclosures required to get the veteran to sign and 99% of the times it's not executed.

i would be very wary of these disclosures as most people don't disclose very much. 

Yes to both, Home inspection came clean and disclosures from seller indicated no violations or usage of the home other than intended. 

I'm speaking from experience, as you requested: I run a team managing 50+ creative-only deals per month.If I were writing this contract, it would include a price breakdown (along with the many disclosures needed in subto purchases).

If I have a owner financed home that I pay solely with cash. Do I have to disclose this information to a mortgage company for a loan? I would like to keep my DTI as low as possible. Would there be repercussions? 

If these are things that you just want to know prior to closing so you can be prepared for the work after closing just say hey, this is a quick inspection to know what we are getting into once we close (I.e. contractor estimates etc.).We just closed on a flip, only contingencies were title and disclosures; all other contingencies were left out since I saw it in person.