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Real Estate Deal Analysis & Advice

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Terry Burger
Pro Member
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
60
Votes |
202
Posts

Convicted Rapist Behind a House

Terry Burger
Pro Member
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
Posted Nov 19 2014, 16:46

OK gang, wanted to get the BP investors' opinion on this scenario. I had a house under contract for $75k, ARV on it is $130k. Needs 25 to 30k in repairs. 1,200 square feet in a great location. Discovered a convicted rapist from 2002 lives directly behind the house. I bailed....what would you do?

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