Its more complicated obviously and you need to get the right deal and the right type of builder who understands that strategy.

You do really nice work and obviously take a ton of pride in your renovations and the home you are presenting for sale.

Obviously there are many exceptions to the rule mainly applying to excellent operators that understand this side of the business in major downtown mid to higher end hotels.

I know the obvious path would be to take a job and save up money.I mean, things such as the FHA loan sound fantastic, but reading the requirements it says you need to have a consistent job in the same industry for two years.

What a disclosure could be showing is the ability of some smooth operator having the skills to give some caution or clarification and still convince someone that what they are about to do is the best solution for them......salesmanship.While disclosing to someone that they are about to be had may lighten the blow, but it still doesn't wash away the responsibility for your actions when you are the one devising the deal.It's not so much compliance issues as it is in prudent operations and fairness in dealing with the public, John Doe Public is usually at a distinct disadvantage in RE and financing.I understand what Aaron presented too, disclosures don't wash away the obvious.

Obviously the cash flow isn't amazing (my market in NYC really doesn't have great cash flow) but I wanted to get your thoughts on this offer?

The concept of the "Parent Holding Company" or a "Management Company" that is basically idle, has enough funds to keep a checking account active with the obvious intent of simply being a firewall.Commingling funds is a common mistake.

Also I believe they have an adequate amount of knowledge of plumbing and electrical, but obviously not as much as a standalone licensed electrician/plumber.

Obviously you want to be presentable, but driving a $70k car turns off just as many people as it impresses unless you're in a market that dictates otherwise.

Obviously you have read a bit on this site and checked it out before you dove in.