HUD says they consider investors to be savvy and understand if they cancel a contract due to inspection they will lose their earnest money.

All you could lose by using someone else's money is your good credit score.

They still look great though to be sure, but I know someone is losing money on them just being vacant like that.

I'm not a 100% subscriber to that idea, but on the off chance it does happen, you will be SOL if your primary residence loses whatever equity you have left post-HELOC.

There is a huge need for this in the marketplace as I am sure you know most F&B that is owned and operated by the hotel break even at best (and many lose money).

Of course, here I'd be rocking the boat and risking that I lose a tenant.I've read plenty of times on BP that keeping a good tenant is worth a lot.

i found a great deal and i don't want to lose it. upon having a title search done here are the issues:2008 bank files for foreclose2011 owner later files for bk (has 2 homes only included 1 home and not home i want to buy)2013 bank foreclosedhome is in Floridai only talked to 1 title insurance. and they will not insure.can this be fixed on my end after i close for say 5k or lessi'm told bk case needs to be amended then foreclosure case will need to be amended or re-foreclosed.advise please. if i can close n a few years down the road fix the issue i will if i can do it for 5k or under or should i just walk away?

I am focusing on electric because I think that may be the most reasonable direction for separate heat if you want to lose the oil bill but again depends on the building.You need to look at deferred maintenance don't underestimate it.

And as a bonus question: how do you determine how much it's going to cost so you can quickly make offers, but not lose money on the deal?

I feel we are losing sight of why this was posted and will be discontinuing the rest of this debate because of this.