The unfortunate people who lost their homes in fires are not a large enough body of voters to draw this up and push it through alone.             

The electrical draw in homes now is easily 40X if not 100X what it was in the time of K&T, no joke.

I know in New Orleans it was just kind of assumed that there was lead based paint on things. 

The price difference seems to roughly be 200k vs 500k based on what I've looked at.What do you do if all of a sudden you can't swing your monthly payments?

@Travis Schmidt, first I would carefully evaluate the repairs and the costs because that sounds like an EXTREME amount of damage based on those amounts.

AndrewDo you still have the 3 socket meter base in stock?

Hey everyone, I'm Milos Andelic, an investor based in Atlanta with a passion for finding and reviving distressed properties.

We have a pretty good system right now where we fund with acombination of Hard Money and Private Money.Hard Money will fund90% of the purchase price and 100% of the rehab on a draw schedule.

Hey Rahma,Most are sitting at about 7.5% right now with variance based on FICO, region, loan amount, the DSCR itself, and even your experience. 

DSCR stands for Debt Service Coverage Ratio and allows you to qualify based on the subject property's profitability rather than your DTI, income, etc.