All Forum Posts by: Samuel Pawlitzki

@Alex Bekeza do you know any private blenders that might be interested?

The only option I see is to offer them a portion of the rent until they get to 10-15k. YOu're asking the seller to do a short sale, which means the bank also has to get involved. That's a big ask. 

You need to set aside some of your rent profits to pay for some of the bills. 

@StevieAnn Nance

What ended up happening? Any news? 

@Steve Walko I'm all for real estate investing as you have the chance to tap into exponential financial growth, and set yourself up nicely for the future. 

Only thing I would consider is make sure you have enough income to account for taxes, maintenance, PMI, etc

If you have a good realtor you should bring this issue up with him/her. Ask them to tell you exactly why they think it can sell for $300k, and let them know what your reservations are. 

If you can't have that discussion with your Realtor, I suggest you get a different one. 

Either way... post some links and let the Biggerpockets community weigh in? Why not :)

@StevieAnn Nance

No way. What if you move in early and he can't come up with the money? I would wait to move-in until the deal is actually completed. 

The real question is, how did title or escrow not catch the 2nd loan until the day before closing? That's unacceptable. 

@Aaron K. good point. Forgot about Buyer's agent commission. You can get away with 2%. Anything below that and Realtors will probably steer away their buyers from your home (even though that's against ethics, it does happen)

If you decide not to offer commission to the buyer's agent, you'll severely limit your amount of potential buyers. 

@Nick Michaels in my book, Solar usually adds value. 

When you have someone give you a Appraisal or BPO, it's always smart to point out all the good stuff to them, even if it's obvious to you, the broker might not know you have panels just from seeing the electrical box. Did you guys walk with the broker while he was there? 

Also, there's a reason why the appraisal costs more. A trained appraiser would have most likely noticed the Solar Panels. They are just more trained to identify everything about a home. 

@Alex Bekeza do you guys do this?