I can never know for sure if the pipes or wiring was replaced (my biggest concern), I don't think an inspector can actually tell as well since you have to tear down the entire house.

Hi everyone, we have a property under contract but we just got informed that there are alterations done to the house without appropriate permits.

With 30% down your options are thousands of lenders.Why is it unwarrantable- master policy not enough coverage; low occupancy rate; HOA reserves; cannot be rebuilt or repaired; pending lawsuit in the less than 10 year after built for construction defect; flood zone with no flood policy...?

A commercial property can be too many things.In general, the value of any commercial property is determined by the NOI - Net Operating Income.

I am looking to purchase my first investment property and I want to do a house flip.

Flipping is high risk and can go wrong if you don't know what you're doing (or overdo the renos).For your house, run the numbers to see what it would look like as a rent as well as your own home. 

PROS of this villa: Great tenant, villa has appreciated 100k in 5 years, low HOA fees, locked in a Low interest rate.

You need to look at the last six months of sales comparable to your  ARV house. 

You need to calculate your return on equity to see if it’s time to leverage that equity more, you also want to calculate your blended interest rate of the original loan and the the HELOC to see if that’s the best rate or if a cash out refi would be better.If I were you I would look at doing the same move again and buy another primary residence and turn your current house into your second rental.

I bought a house at a foreclosure auction and am in the process of signing contract and preparing for closing in 30 days.