Hard Money Questions

Comments(12)

• 
  renewpp8th September, 2005

  also interested in this answer...

• 
  DonaldTrump10th September, 2005

  Thanks anyone else want to add to this.

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  bgrossnickle22nd September, 2005

  I use hard money all the time. 1 pt at closing, $500 application fee, 16% simple interest. No survey, no inspection. Finances full purchase price.
  
  I rehab several houses at the same time. No idea how I would do it without hard money.
  
  Brenda

• 
  ray_higdon17th July, 2005

  THis will show my ignorance (trust me, I have plenty) but what do you mean by seal the tile and with what?
  [addsig]

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  cwal17th July, 2005

  Seal the grout ONLY...not the ceramic tile itself...ceramic tile has a fired finish & does not need sealing...it is supposed to be cleaned periodically with a low ph cleaner. Sealing ceramic leads to major problems down the road...regards, CWal

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  ray_higdon17th July, 2005

  So, seal the grout only even if it is porcelain, not ceramic right?
  [addsig]

• 
  siret17th July, 2005

  yes just the GROUT

• 
  ray_higdon18th July, 2005

  Thanks everyone for the info
  [addsig]

• 
  JF207th October, 2005

  Porcelain is more water resistant than ceramic. Ceramic only has a surface finish that can over time deteriorate and let water through, porcelain is much less porous throughout the whole thickness of the tile and is generally used more in "wet" areas such as a shower stall.

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  Stockpro997th October, 2005

  1$ tile will last for decades, find something that is inexpensive yet looks decent..
  [addsig]

• 
  carraras27th September, 2005

  You may have to wait until the insurance claim has been paid.
  
  Look to what level the water rose (first floor only?). May only need to fix up one level. May need an internal cleaning much like a fire, because of the chemicals/pollutants that has gotten in the house.
  
  May want to strip the drywall to make it easier for rehabbers to get going.

• 
  slyws612th October, 2005

  The reason I say be careful of the mold is because I ended up with a 100 degree temp and in bed for 2 days because of it when tearing the sheetrock out of the house I did. It may not be an issue in all houses, just wanted to forewarn you.