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Updated almost 5 years ago on . Most recent reply

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Jason Stamps
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House falling off foundation

Jason Stamps
Posted

I’m looking to purchase a property in terrible condition, but I want to know if it can be fixed within a reasonable price. I could do most of the work, but this is a huge job and I’m inexperienced in this level of foundation repair. I could get the house for very cheap. $3000...it would be worth maybe 50k in this area but I would keep it as a rental.

Do you think it’s possible?

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Jason Stamps
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Jason Stamps
Replied

Thanks for weighing in...I was thinking the same thing in terms of the land value. The house is on a busy street (with businesses on the same street, a few blocks down). If nothing else, It may be worth it just for the land. That’s a good idea.

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