All Forum Posts by: Al Wilson

Thanks for the head's up. Could have happened to anyone.

I agree with 3%. Good luck.

Definitely do not sign multiple contracts. As to whether the contractor will sign yours, that dynamic varies from deal to deal. The objective is to use a contract that fits the situation and is fair to both sides. Good luck.

We have tried several times and have yet to get anywhere dealing directly with the lenders (even the ones we know personally). Protocol is that they refer you to the listing agent. Good luck.

Unless you had your seller make a specific representation about the condition of the plumbing in your purchase documents, you are probably stuck with the tab. Good luck.

We buy and sell in NOLA, but we don't deal with wholesalers. I am sure there are others that do. Good luck.

We don't allow pets, but it's an individual decision. Good luck.

The MLS will also be of help to you on this. Good luck.

Correct. If you can do serial refinancings, you will be fine. If not, you owe the entire balance at the end of five years. That's what took down a lot of investors in 2009 - 2012. 

And call your lawyer. Good luck.