Purchase price: $89,300 Cash invested: $36,000 Sale price: $153,000 Mostly cosmetic but had a fire damage accident that ended up making it more costly; sales desc: Clean remodeled home with NEW ROOF, NEW SYNTHETIC STUCCO, newly installed Satin White Hampton Bay cabinets with extra pantry cabinet, Teak Butcher Block counters and Island top, Glacier Bay vanities with cultured marble sinks, 12 mm Evening Sun Cherry laminate flooring in all bedrooms, new cooler, light & plumbing fixtures, hand cut sanded and stained wood baseboards and trim, new garage door, new syn What made you interested in investing in this type of deal?

NEW 50 Gal water heater, real wood square edge baseboards & trim throughout hand cut and stained, All new bathrooms, all new paint, replenished front yard gravel, stainless steel appliances and more!

Handcrafted wood accents and details highlighted throughout.

Sales desc: Rustic 1940s northern NM style home with lots of natural wood, thick walls and originality!

Sales desc: Rustic 1940s northern NM style home with lots of natural wood, thick walls and originality!

The answers to most problems/questions can be found in the problem...buried in plain sight. 

Gotta be the most short-sighted bank in history.

@Mike Wood - Normally I would agree with your call to not have them reapply.

@Dallin Wood Your HML should provide you with a letter of intent that is commonly used as a POF for offers like that.

So, hopefully, it has pressure-treated wood?