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Rehabbing & House Flipping

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Carrie Giordano
  • Investor
  • Marina Del Rey, CA
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297
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Possible flip with non functioning well

Carrie Giordano
  • Investor
  • Marina Del Rey, CA
Posted Apr 27 2015, 12:16

Hello, I'm considering buying a house in Ohio that has gone pending twice and is back on the market. My realtor found out that the well is not working. We know that it needs a pressure tank, tank tee, switch and miscellaneous fittings. The flow rate and potability sample could not be done, because the well is not functional.

I know nothing about wells and am wondering if I should not bother with this house or bid on it. Does anyone have any experience with wells to know what kind of cost I am looking at with this issue? 

Thanks!

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