Usually you can add additional support and fix this problem but I did run into one house where there was a single center support running through the middle of the house that was entirely rotted and the only way to get a new support of the appropriate length in would have been to take out a portion of the basement and first floor walls.

FINANCIAL CONTRIBUTIONS:1.1 Party 1 Responsibilities:Party 1 shall contribute to the partnership for the down payment, closing costs, and construction costs for renovations and additions.1.2 Party 2 Responsibilities:Party 2 shall independently pay the mortgage until both properties are rented, oversee construction and renovation, manage both rentals, and handle bookkeeping during construction.2.

I had just received a 30k down payment from another owner financed deal and I wanted to get a “second home” and get some additional rental income.

Seller has no funds to do so and won't receive any in the sale so you're thinking posting this bond is a work around.

If you don't get any additional feedback, you should be able to call the City of Phoenix Planning Dept and assess the overall process, timeline, fees, and feasibility fairly easily.

Granted there are also additional financial burdens not reflected in the credit report. 

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All of which has helped me reduce my taxable income resulting in me getting $$$ tax returns (which i don't hate)Last week i received a text from MJRESOLVES (never heard of them).

In addition to my role in mortgage underwriting, I also own a duplex, which has significantly fueled my interest in the real estate sector.

But don’t give real estate as they’ll also receive your cost basis, not the stepped up basis they’ll get when you die.