should i buy a 4 plex that has a lot of mold on lower units ? Price 400,000 income 4400 good location 3 2 bed rooms 1 bad and 1 3 bedrooms 1 bad .
Have a mold remediation company inspect it before you even consider it.
is that a deal killer ?
Figure out how much it cost to get rid of the mold and to fix the cause of mold (leak window, pipe, roof, or whatever). You can use that to negotiate you purchase price. Then you can tell if it's a deal killer or not.
Depends on how bad the mold is and the cost to remediate.
Thank you guys! I'm new at this so I'm a little worry ! But I don't want that to be the reason to never get started