you need to weight loss of value to how much this will cost and you could very easily lose thereby increasing your losses.. take away prelim approval and final approval are completely different.I just built a 27 home subdivision in Grehsam Oregon.. even after approvals and such by the time we got out of engineering it cost me over 300k in different things the city wanted that was not included on our original conditions of approval..

Fortunately I was smart enough to not burn myself twice: this time, I reached out to my network and found a property manager who came highly recommended.

I currently work a full time job as a project engineer for a paving company in Pittsburgh.

Natalia, either your realtor has no experience in working with investors or has been burned by working with new investors who can never close a deal.

I currently work as a software engineer in Chicago, and have lived here for almost 7 years.  

Hello all, Im an engineer in the oil field, due to the recent down turn in oil prices i've have started looking at other avenues to make an income. 

Associations plan for capital improvements through reserve studies conducted by engineers, which plan 30 years out and are typically updated every 5-7 years. 

Total out of pocket contribution over 60 mo $3,455ROI 47%1st year of land contract, from principal repaymentROI over 5 yrs 239% from principal paydown, assuming no appreciationCash flow $320/mo after land contractCash on Cash 37% after land contract, assuming $5,000 down and closing expenses of $2,000 and total negative cash flow of $3,455So, I do buy into negative cash flow situations, but at reasonable interest rates, with low cash burn and high rate of return after the land contract is paid off.  

You can be involved as well.I suggest you put the deal on the back burner until the dust settles, the modification is completed and make a new contract with a later date and burn the other one.

The are companies out there who inspect commercial buildings or, alternatively you can try an engineering firm.