I've seen enough clients run headlong into trouble and heard enough stories here that I decided to be patient and wait for the right opportunity.

I was looking at a 1924 built 3/2 house with a client for a flip.

The agent says that her client is in Columbia and did not reply her email.

I recently had a client propose the below question in regards to the client transferring ownership to a new investor, but still being the point of contact and decision maker between the PM and new property owner. 

*This post does not create an attorney-client relationship or CPA-client relationship.

-The house Is in New York has- he has a fire extinguisher company and won't list it because he actually services many of the real estate companies and is afraid to favor one or the other and inturn lose a client- he has nine houses in Pennsylvania - original loan was 660k 760k if I remember correctly - has paid 250k- has all floors ( basement, 1st and 2nd) rented only top floor has a lease total rent colle is 5500- supposed market value is 1.1 million - he's willing to take 960k- might be open to terms since he's already renting.As long as he keeps the title-sounds like the house doesn't need many repairs but i have a friend that is a contractor and he can Help me assess any repairs Hes a savvy new yorker so  I rather give him options instead of just 1 cash offerCan anyone help me figure this out ?

I used to sell them back in the day and one client had purchased a $995 warranty and put in approx. $60,000 repair requests.Also, they use independent contractors who will do what they can to replace what they can get away with charging the warranty companies.  

A large dilemma for my client was should I put 20% down and erase PMI/increase cashflow or put 5% down and do a little bit of value add.

Our job is to help and eduate clients along the way.

They need a new lease and wanted to be my first clients.