Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

47
Posts
0
Votes
Mike Smith
  • Real Estate Investor
  • St. Louis, MO
0
Votes |
47
Posts

Foundation Cracks and Psychology

Mike Smith
  • Real Estate Investor
  • St. Louis, MO
Posted Aug 3 2008, 10:59

I'm in the offer process on my first property. The inspeaction reveaved some horizontal foundation cracks near the top of the foundation as well as some mold. I'm not so much worried about the mold as the cracks. I'm getting alot of info that horizontal cracking on the foundation is VERY bad adn costly to fix if need be. There is no evidence of water leakage and the seller is not aware of any.

Anyway, I'm starting to think maybe I should pass on the property, but then I wonder if I'm using the cracks as an excuse. Anyone got any thoughts on horizontal cracks in the foundation. If it helps, the cracks are 1/4" at the widest and are on 2 walls. They are several feet in lenght. An interior door does not open smoothly (scrapes the floor).

Loading replies...