Ross Morgan
Inspection confirmed both furnaces are not in working condition
Two-flat inspected yesterday, nothing major but neither furnace fired up, both are 15-20 years old. Preparing contingency request(s) today. What is the likelihood that the seller will replace the furnaces?
Brien Ables
Info in the Property Condition Disclosure Statement is incorrect
I am purchasing a property and have come to find out that the info in the property condition disclosure statement is incorrect. The seller has the HVAC system listed at 6 years old, and I have found out that it is 18...
Philip Bashaw
Determining Current Value Based on Rent Rolls and Condition?
Hello BP!I am very interested in multifamily investing. Initially, I want to start with a small apartment building with 12-20 units in a good area with high occupancy rates. I live in Atlanta, GA where there are loads...
Ken Klingler
In TN, does warranty of habitability include air conditioning?
We have a tenant who has been very unreliable in paying their rent for a LOOOONG time, and we are finally getting around to eviction. Recently their AC unit has stopped functioning, and they want it fixed. Is this goi...
Dale Viljoen
Builders reports without having a condition in the contract
This post may seem a bit confusing but I will explain what I mean. I am currently reading a book to learn more about the process of purchasing a property. In the current paragraph it says "The conditional period is us...
CJ M.
EIDL-Terms & Conditions. Where and what are they?
Hey BP,Did some searching to no avail. Where can I find the full terms and conditions of the EIDL? (url please) I was just approved for more than $25K and would like to better understand the collateral piece. I only h...
Matthew Metros
Multifamily Refinancing Terms/Conditions: What should I look for?
I will be utilizing the BRRRR strategy of Buy Rehab Rent Refinance Repeat to grow the portfolio.
We are looking for a delayed financing loan product that fits this strategy and mainly trying to avoid products that ha...
Xavier Smith
Great Condition Brick Bungalow in the South Shore area
Anyone know a lender that may be interested in helping fund this deal with me?Asking Price $55,000.00 ARV $194kType 2 unitBeds 5 Baths 2 Floors 2 Sq. Ft. 2189 sq ft Garage 2 Car DetachedLot Size 3025
Alex E.
how bad should the condition of the property be?
Hi,
I have been wholesaling for a couple months now and I initially thought that properties should be in terrible condition for a rehabber to be interested. But, I have talked to a few rehabbers and they say they wil...
Michael Lerch
Wholesale rental property in good condition... what to offer?
I'm new to wholesaling homes, especially rental properties. I'm trying to make a fair offer, but my experience so far is that landlords/investors see the value of the home and think it's worth more because they have a...