Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

32
Posts
3
Votes
Nick Zias
  • Investor
  • Flushing, NY
3
Votes |
32
Posts

Property has open permit?

Nick Zias
  • Investor
  • Flushing, NY
Posted
Has any one bought a property with an open permit and what problems have you encountered? I am currently considering a bid on a property in Long Island, NY that has an open permit for a dormer that was put on by the current owner. My lender and agent have advised me against putting an offer in because they said it could be a problem with other potential issues during inspection. If the dormer is up to code however it will be around a 6k fee for the permit which will be deducted from my offer. I don’t want to let this deal slip up if all that is holding me back is this permit as I will be able To cash flow a property on long island that will also appreciate. Thoughts? TIA

Loading replies...