If I were writing the offer, I'd evaluate the property based on the cost of this repair by either asking for a price reduction equal or greater than the price of repair, or for the seller to remedy the situation prior to close.

David, if you are the sole owner of both businesses unfortunately that puts you into "controlled group" situation and will disqualify from setting up a Solo 401k plan.

I have a question concern my current situation.

I was actually was faced with a similar situation a few months ago.

The problem is that the comps for the property are all over the place and when I placed my offer I was in a multiple offer situation.

The situation here is: Company relocation from Zachary, La to Spring, Tx.

Hey folks,Sorry for the rather broad discussion - I've got a bit of an odd situation right now which is rather time-sensitive, so I wanted to get this out sooner (even in a more broad & vague form) rather than later.I've decided to quit my relatively high paying job in the near future to travel for awhile (couple years, visiting home ever few months or so) and possibly even retire early.

@Brandon Sturgill: Hi Brandon, I'm in the similar situation with her as well.

@Ivan Nunez My recommendation for your situation is to start with wholesaling (double closing or assignment,) since you don't have to use your money or credit.

Buying right at decent prices with cash reserves and cash flow so you can wait is key.One thing I think its important to point out though is that no one says they will panic in a bad situation but thats so much easier said than done.