![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1166436/small_1621509784-avatar-chrisb621.jpg?twic=v1/output=image&v=2)
21 October 2018 | 9 replies
As far as what to do with proceeds if not exchanging, I'll dance with the one that brought me.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1188025/small_1696976965-avatar-aarons237.jpg?twic=v1/output=image&v=2)
20 October 2018 | 0 replies
There is a clause in the HOA insurance that will cover pipe repair and replacement if the building is declared condemned by the city due to water-related issues.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/219921/small_1687466830-avatar-patbritton.jpg?twic=v1/output=image&v=2)
25 October 2018 | 12 replies
Are the above numbers with permits and insurance?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/451058/small_1621477225-avatar-jamesm146.jpg?twic=v1/output=image&v=2)
25 October 2018 | 1 reply
Any opinions of how or if i should proceed?
20 October 2018 | 2 replies
I plan to take all proceeds from renting it out to purchase my own rental home.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1152790/small_1621509646-avatar-treyh17.jpg?twic=v1/output=image&v=2)
10 November 2018 | 11 replies
You'll want to look at all the fees, on fha there is mortgage insurance.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/632790/small_1719259410-avatar-bribeiro05.jpg?twic=v1/output=image&v=2)
23 October 2018 | 7 replies
Biggest advantage is that with conventional you can drop the mortgage insurance monthly payment eventually, whereas with an FHA loan you can never get rid of it.Good luck!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/632790/small_1719259410-avatar-bribeiro05.jpg?twic=v1/output=image&v=2)
22 October 2018 | 60 replies
My first investment cost me $6,500 to buy and then $10,000 in repairs in the first three months (I got half of it back from insurance but it took a couple months).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1171658/small_1621509841-avatar-nicolew76.jpg?twic=v1/output=image&v=2)
25 October 2018 | 2 replies
I have an investor lined up but he said he needs a signed purchase agreement before he proceeds further.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1154509/small_1621509665-avatar-davidw628.jpg?twic=v1/output=image&v=2)
29 October 2018 | 1 reply
If tourism is the largest sector in this submarket, you should proceed with caution.