Skip to content
Rehabbing & House Flipping

User Stats

9
Posts
2
Votes
Arthur Kelly
  • Flipper/Rehabber
  • Columbia, SC
2
Votes |
9
Posts

Rehab of fire damaged home

Arthur Kelly
  • Flipper/Rehabber
  • Columbia, SC
Posted Sep 13 2014, 08:52

Hello all,

During my introduction post, I was provided a potential home to rehab on the cheap. The house is next to nothing at $10k, its a 2/1 1000sq. ft. and in a rather undesirable area of the city. However, the area in undergoing radical changes. The block had 8 vacant lots all of which new construction were built on.

This 2/1 is now one of the smaller units on the block but nestled amongst some very new homes, so if I can mirror the exterior to the new constructions, I can borrow their curb appeal.

Anyhow, aside from that, it has interior fire damage making in uninhabitable. I do not know the full extent as of right now, doing a visual inspection today.

Does anyone have suggestions or opposition to this kind of project?
What should I be on the look out for in terms of unrepairable damage?
Should I expect heavy mold damage from the water used to extinguish the fire?

Any suggestions or feedback would be great to hear as I am looking for my flip!

Arthur

Loading replies...