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ASK MIKE MONDAYS - Michael, how can I negotiate with the lender on a PCA report? (Property Condition Assessment) episode artwork

EPISODE · Sep 22, 2019 · 15 MIN

ASK MIKE MONDAYS - Michael, how can I negotiate with the lender on a PCA report? (Property Condition Assessment)

from Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles

When you purchase an apartment building, your lender typically requires a PCA. (Property Condition Assessment). The PCA is the eyes and ears for the lender. Yes, the appraisal verifies the value, but the PCA identifies health and safety issues on the property. Can someone get hurt on your property because of the existing deferred maintenance. It also determines the amount replacement reserves that the lender will need to collect with your monthly payment. Michael, discusses items that you need to know within the PCA report.

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ASK MIKE MONDAYS - Michael, how can I negotiate with the lender on a PCA report? (Property Condition Assessment)

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Frequently Asked Questions

How long is this episode of Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles?

This episode is 15 minutes long.

When was this Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles episode published?

This episode was published on September 22, 2019.

What is this episode about?

When you purchase an apartment building, your lender typically requires a PCA. (Property Condition Assessment). The PCA is the eyes and ears for the lender. Yes, the appraisal verifies the value, but the PCA identifies health and safety issues on...

Can I download this Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles episode?

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