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Scouting a home that the previous owner played builder on. There was a roof leak that created water damage on the floor and ceiling (small areas). My question is how hard and how expensive is it to keep the addition...
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Hey BP,so I'm looking at a property, 3/2 1450 sf.the home has some additions that were done with out permits. Would this be an issue when wholesaling the house?
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I have a found a potentially interesting deal in the Orlando area but there is a major issue. The home is a 3/2 with 1,378 sq ft, legally, however the previous owner added two bedrooms and a bathroom without any permi...
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Hi everyone,I have a pretty rookie question here. But how do you know if an addition is permitted or not?If not, how do you go about that situation? What exactly does it mean? What things should I be concerned about? ...
We are buying a flip. The sellers bought the house 12 years ago with an existing addition. We asked them, but they don't know if it was ever permitted. We have two choices: 1) to rehab with all plumbing as is; 2) to...
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Hi, So I am currently working on my 2nd flip. The first was just updates and paint. The current is 4bed 1bath, which I have decided would be better as a 3bed 2bath. I have had the 2nd floor two bedrooms and hallway co...
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Hi, So I am currently working on my 2nd flip. The first was just updates and paint. The current is 4bed 1bath, which I have decided would be better as a 3bed 2bath. I have had the 2nd floor two bedrooms and hallway co...
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Hello All,
This issue has come up many times for us when evaluating and comping our leads.
Let's say I get a call and seller tells me the house is a 4/2, 1200 sq ft and I confirm by viewing the property. However, th...
Additional bedroom not on deed. Should I buy it anyway? What are the possible issues for a BRRR or flip?
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There were changes made to this issue w/in the last couple years. They concern being able to transfer a title into an LLC w/out the due on sale clause being enabled to be exercised by the lender.