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Real Estate Deal Analysis & Advice

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Tiffany Ward
  • Investor
  • Arcata, CA
5
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14
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How bad is too bad?

Tiffany Ward
  • Investor
  • Arcata, CA
Posted Aug 28 2015, 16:15

There is a single family REO that has a very bad mold problem and needs a new roof and a new kitchen and new floors and subfloors. I want to get started doing flips and this home seems like a good one because of the beautiful architecture, large windows, skylights. My theory is that if I can buy it for the right price, as long as it isn't a teardown, its worth buying and rehabbing ... even it needs a lot of work. What do you all think?

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