All Forum Posts by: Danielle Jackson

Are you trying to go conventional financing? 

Congrats on your first investment. Keep us posted on the outcome! 

Congrats! 

Congrats again. You nailed the importance of networking. 

Congrats and good luck! Keep us posted on the 3rd story outcome. 

Congrats on your first buy & hold. Can't wait to get the update in months to come. 

Congrats on a successful investment! 

Hi Ryan. Congrats on the potential new investment. In my experience, Section 8 inspectors can be finicky but not egregious. Depending on the age of the property, they will want to ensure that everything is up to code. 

A set period of time (usually 7-14 days but varies by state) after signing the contract that the buyer has to inspect the property, thoroughly review disclosures, review HOA docs, title search/survey, and any other research necessary. During this period if you decided to walk away, you would receive your earnest money back. If that period expires, and there are no other contingencies available, then you would most likely lose your earnest money.

Congrats on your first multi-family property. And good for you for understanding the growth potential with the value-add component.