I know atleast in Texas that if you present a written offer, a realtor is required by law to present it to the seller unless the seller has told the agent in writing to not present offers lower than a certain amount (which rarely is the case).

My brother in law is a builder/investor and he and I sat in the car after the closing and just talked through what the estimates would be.

These are complicated issues that will take into account your state's case law, so I would recommend contacting a qualified attorney on the matter.The owner of the other lot might have an easement right just from using it for so long, and not all easements require paperwork to be signed.

The contractor that I am using is my brother in law.

I've got the realtor going for more pics, and my brother in law (who is a contractor) going by to check it out for me.Also, how best to finance?

Hi--Would you possibly know what the laws are in NY with regard to rent stabilized apartments?

I think I put this in the wrong spot, but I was trying to respond to somebody's request for input.

I signed up 2 months ago and was a complete nightmare.

First, they disputed items I already had removed a year ago w...

20% down so no PMI is a good rule.One advantage of using 20% down is that under United States tax law, mortgage interest payments may be deductible on the borrower's income taxes, whereas mortgage insurance premiums are not.

having said this, let me further say that many people who are considering any type of business or investing in real estate, HAVE NO IDEA about financing, financials, types of investing, how to handle agreements and contracts, laws and rules, regulations, etc.additionally, i would just go out on a limb and say, that in my opinion, i would say that (and this is a guess) about 40% of the real estate "investors" that would consider themselves successful and maybe even many fellow colleagues would think the same about them - that they are not or will not last in the business.

I can basically only look at multi-units since the swedish laws makes it very easy to get a loan for one-unit/family houses and these are really hard to rent out - the result is that people who can afford to rent one-unit houses always buy 'em.I know, and understand the basics of cash flow valuation models and that net income is most important.