As we uncover more information about loans, we find that maybe the income doesn't fit (peg 1) and the borrower only has 1 year self employment (peg 2) and maybe they have some credit challenges (peg 3) and on and on. 

Hi BP Communtiy, as promised, I want to discuss how i fell into the real estate industry with my first family "deal"My grandparents have lived in Cambridge, MA (10 min walk to Harvard Sq) for 50+ years in a duplex.

We haven’t had an exact quote for the repair cost yet-our contractor is walking though next week- but my question is: if we do purchase this house and repair the structural issues what do we have to disclose on the resale and would having structural issues previously, even though it’s been fixed, affect the resale value negatively?

I signed a roof release that states the company will not be responsible for damage on the roof or any fittings on the roof.

Always exciting when you get the keys and walk into a new property you now own, yeah? 

Mgt -- $120.00Mortage $340Closing Costs - $5000Rehab (walking through in 5 days) -- $5000Down payment -- $15,8000Total Investment = $25,800Cash-on-Cash ROI = 10.21%Notes:I'm sure there will be rehab required, that's the biggest unknown right now. 

Its not something you would see walking through the property.

They make products that kill mold and will walk you through the whole process to treat it yourself. 

Hello guys...anybody aware of any form needs to be signed by the buyer when selling in AS IS condition beside the contract...I heard there should be a final walk through before the closing and the buyer needs to sign acceptance form of AS IS...anybody know how to get that form if exist?

They systematize there lending and if you don't fit the mold, you may get bad info.  3) shop around to get multiple opinions and options, 4) be aggressively engaged and don't accept the first second or third answers you're given and always always do your own research to fact check (google and BP can answer anything).