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I’m not sure if I should close on the house. It has foundation problems and the seller said he would not pay for the foundation repairs even if it only needs little repairs. It’s my first house so I’m not sure if I sh...
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This has been the biggest red flag with under market properties that you wonder ... well, why can they be had at a certain price, and everyone avoids them because of how costly and risky foundation fixes are.My questi...
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I found a property i want to buy but it seems my conventional loan lender may have concerns about the repairs the house needs. The neighborhood is 300K+ and the property was built in 1987 and is listed for 265k but af...
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Hello BiggerPockets Community, I hope everyone is doing well. I'm Seth, a real estate investor focusing on building a vast portfolio. Currently, I'm dealing with significant foundation issues in one of my Ohio propert...
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The Goal: My sister and I have a property tied up with the (possibly harebrained) plan to clean, paint, carpet, create an unpermitted “flag lot” with fencing, and fix a plumbing issue (10k), place tenants ($1,350/mont...
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Ive been working a deal on a FSBO for months. I was purchasing a house in need of repairs for $10k under appraisal value. Most houses in the area are going for over appraisal. The underwriter requested several costly ...
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Hello BP,So I have a property that I'm not sure what to do with it. It is currently being rented out to a tenant right now and used to be a family house until after my grandma moved out. (She was the last person liv...
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Good Morning,I was looking through a few HUD listed properties last night that are for sell in my area , and I was reading through the Property condition report/summary documents , and am a bit confused by what they m...
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I have a foundation that has settled around 3" on the back corner of the house that I am trying to flip. We are building a retaining wall and going to underpin the foundation with concrete piers. My issue that I am ...
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Hi All,Long time lurker here on the forums and with the help from all you folks, I finally made my first step in real-estate investing and got my first house under contract!My question is regarding the second round of...