All Forum Posts by: Miguel Horta

Thanks All for the responses! That's what i want to hear. So from, low side im looking at about $10K and high side is $40K . My guess it will be somewhere in the middle. 

See pictures above about the foundation issues I am having for my house in Indiana. Please let me know if you have any foundation repair recommendation? or even know where to start for these types of repairs. this in 46222 zip code

Hey Scott, thanks for the feedback. see image below with description.

I recently purchased a house in Indiana. 2 bed 1 bath about 1200 sq ft. Looks like it needs a decent amount of foundation work. Can anyone provide a estimate of what those cost are to fix the foundation? just want to get a general estimate to start budgeting. Anybody who can provide any advice on these repairs would be greatly appreciated.

@Dylan Vargas -  I appreciate the feedback. I saw that as well, but I am assuming a team of people. I will double check with my PM. Thank you!

Hey BP Fam, I just closed on my first SFR for long term Buy and Hold strategy. After the initial meeting with my PM, he provided the quote for the repairs below. Does this price seem accurate. It seems a little much for me for what they are doing, but i am still new to this. Let me know what you think.

This is for a SFR is Indianapolis, Indiana.

Thanks!

Thanks @Alexander Murillo and @Thomas Corley . I have a call with my agent soon, I will go over some strategies with her if the seller wont come down on the purchase price.

Thanks all for the reply. Ill see if they want the counter at lower cost. If not, I can see what we can do about getting it re appraised. $5k is alot more doable then $10K.

Thanks for the reply Effram. Its an unfortunate situation. I cannot cover the difference in this case, so Im hoping they accept the counter at the lower offer. Thankfully there is a back out contingency. But, dang! I was really excited for this one.

Purchasing a SFH in Indiana for $75K, with conventional financing. However, the appraisal came back at $65 K. Asides from paying the difference on close date, what strategies can we do to not let this deal fall through?

This is my first investment property, any insight will be much appreciated.

Thanks in advance.