Kaustubh Deshpande
Covid-19 changes on multifamily market
7 April 2020 | 16 replies
@Lien Vuong this particular deal that I am looking at comes with long term renters.I definitely should have safeguards in place around inspections since inspections have been stalled at this point in time.
Gary Parilis
inspection contingency while on C19 lockdown
21 March 2020 | 0 replies
Any thoughts on how to structure an inspection contingency while it may be impossible or irresponsible for an inspector or even an agent to visit properties (especially occupied ones)?
Lisa D.
Tenant sent me a DocuSign document
22 March 2020 | 12 replies
I personally would not sign that.It almost sounds like one part of it is trying to document the current condition of the property, which isn’t a bad thing but should have been done during your initial move-in walk through inspection with this new tenant.
Kevin Hoff
Backing out of a deal based on bad inspection
25 March 2020 | 24 replies
I am thinking about backing out based on this inspection.
Joe Blakley
Buying Rentals in an Uncertain Market
5 April 2020 | 13 replies
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for.
Blaine Prater
Can you wholesale a deal to non-cash buyers?
23 March 2020 | 5 replies
The property itself is in a condition of disrepair and will not pass an inspection by a traditional lender3.
Catherine Lacey
Grand Rapids multiplex under contract
1 April 2020 | 4 replies
Inspection is Monday and closing is set for the 15th, though with the flood of mortgage/refinance applications I was just informed the appraisal can't even take place for at least 30 days.
Bradley Lemen
FHA 203k loan! Use the 203k for full Reno or just what is needed?
22 March 2020 | 2 replies
The 203k will have extra orig fee, title update fees, inspection fees, contingency reserve fees, etc. which all take a piece of your $30k rehab.
Michael Rivers
Analyzing Rehab Remotely | Social Distancing in COVID-19
24 March 2020 | 2 replies
I not only do a video inspection of the property for them, but I also run the numbers for them.
David Li
Utah market analysis
14 May 2020 | 13 replies
I only leave my house to show homes, listing appointments, inspections, closings.