Purchase price: $400,000 Cash invested: $150,000 Sunset Ridge is a prow style cabin in Lake Arrowhead Ca.

Purchased with a 25% down payment.

Hi I’m purchasing a home in weehawken that currently has a tenant in smaller upstairs unit not renovated.

Purchase price: $235,900 Cash invested: $70,000 Sale price: $399,000 Complete Renovation: deleting walls to open up kitchen into living room, new kitchen, cabinets, appliances, custom doors, floors, trim, paint, new laundry room, new powder room, new master bathroom, custom woodworking, exterior farmhouse paint, all new interior paint, etc.

Ask if they take debit cards and credit cards or must you write a check, The way I am comfortable with paying is payment for the job x amount, payment for the decorations according to a gross budget for everything, as they are purchased vs giving a pool of money to draw from.

As in a lot of government interference with free enterprise while they have good intentions I think the results will be the opposite that they were hoping for.  

I’m active duty Air Force, Texas real estate agent, and investor with three homes purchased with a VA loan.I wish you all the best in your investing journey!

There was no change in the purchase price due to this issue.

I was thought to use a letter of intent letter to obtain the house.Is this all you have to do and that bypasses the purchase agreement or do you need both?

You have a purchase and sale agreement with the seller, negotiate price, submit it to an escrow company and they do all of the work.