Flooded Houses in Louisiana
Hi BP community! Just looking to get a little help on flooded houses in Baton Rouge and surrounding areas. I've been presented with 2 really good opportunities on flooded homes that took on 7' of water but I think I can get them at really low prices. My question is would investors be interested in flooded homes that took on this much water or should I pass on them. Repairs on both of them are well below 50% of the homes value.
I welcome any advice on what to do with these 2 properties!