I've been interested in investing in the Lehigh Valley for a while, but haven't pulled the trigger.

If allowed, yes you’d have to pull a permit, with a licensed contractor, get it inspected and as stated above it’s hit or miss how much opening up and redoing you may have to do. 

I met with them and saw the Reverse Mortgage Statement is for $230,000 and the company holding the mortgage is Reverse Mortgage Solutions, INC.At $230,000 the deal may be a little skinny and I've heard a short sale can be negotiated up to 95% of the appraised value.

We've used the oil based Kilz solution and it worked.

Otherwise, I would start with pulling out the equity from my other property or selling it in order to get more funds.Maybe I'm just in way over my head.

-If you have any agent contacts, they can easily pull property reports that will have most of that information on it.

Hold it long enough to refinance based on a fully occupied worth of NOI and I bet you’ll pull out more than the total cost and still have a cash flowing asset.

I have a template i pulled off the internet. i suppose i should have it looked at by an attorney to ensure it affords me all the legal protection i need.

When I pulled the information for the property there are no structures assessed, however there is a very old house on the property (in terrible shape).

I love my day job, from the client interactions to the challenge of finding solutions to business problems.