Unless this is an official bank or your parents... run.

In our particular case the accountant gave his thumbs-up per-se.Id suggest a call to your accountant for the "official line" on that one.

Hi BPers!

I've started a blog documenting my adventures in flipping. Includes pics of how we found the house when we finally took over the property.

LINK REMOVED BY MODERATOR

Enjoy,

Victor

Please be sure to speak with your trusted CPA and attorney to get the official gist.  

Not everything is in good shape, but I have a contractor writing me his official estimate on the scope and cost to repair and improve.  

Just as an FYI, the BP community is a fantastic place to discuss products like Cozy with other members, but if you are looking for a direct answer from Team Cozy, the best and  official way to get a response is by contacting the support team. 

Some lenders don't require an official appraisal and that would be scenario #1, but they are still looking at the property and determining the value after the repairs.

Other deals exist.Get an idea of the expenses required to make this official and ask for the sale price to be lowered accordingly.Purchase it and hope the county doesn't find out (not an option I'm willing to go with).Thanks!

I just pulled a title report, it's zoning and use code and everything is for multifamily 2 unit, so it's official and everything. 

Or I'll just have her give a verbal to the listing agent before writing up anything official.