Oh well, water over the dam.

I am going to rent out my first investment house and the only thing wrong with it is it sometimes has slightly brown well water.

Just do not be suprised if you find it hard to get what you want.Not that the lack of financing options is why the houses in this price range will sell for a greater discount than people expect.

My phone rang and it was a potential tenant.

If the second lienholder's information supports a high value, say in the $365,000 range, it won't easily accept much less than it is due..Perhaps the second lender thinks $335,000 is too great a deal for you.

I think I am going to pass on this one.The next house we looked at was in need of just about everything but structural work....from the looks of it it seemed like an okay investment; then I go into the basement (to be honest with you the place kinda creeped me out; I think it creeped the realtor out too because she didn't walk around with me); in the basement there was water on the floor and it smelled like a serious water leakage problem....I told the realtor right then that I was not interested in this property.

I'd really like to do tile, as its cheap and easy for me to put it, looks great, and if water got in ever, so what?

By doing so, you have some idea of what price range you looking at.When looking at pre-construction projects as investment opportunities, I’ve noted that most “Hard Money” lenders state that they want Verified Assets (6 months Principal, Interest, Taxes, & Insurance) when qualifying for 100% financing.

We also have hard money in the high 8% range!

RENO will be $9,500.House in 2010 had new main service ran, A/C, hot water.