Skip to content
Buying & Selling Real Estate

User Stats

12
Posts
6
Votes
Gerald Knott
  • Real Estate Agent
  • Philadelphia, PA
6
Votes |
12
Posts

Fire Damaged properties

Gerald Knott
  • Real Estate Agent
  • Philadelphia, PA
Posted Jan 10 2019, 11:41

I'm looking to purchase my first property and I came across a triplex in my area that has been fire damaged in the top unit. There some potential for commercial space for one unit and the other unit is a 2 Bd 1.5bath and the fire unit has 1 bd 1 bath. This is priced at 90k and of course will need a ton of revenation including new fixtures and flooring and windows and the tip unit fire damage will need to be addressed.

As a first time investor whats the best way to approach this woth little money saved and potential income earnings of 2300-3000 a month?

Loading replies...