Considering buying a duplex, but it has foundation issues!
I’ve looked at a duplex that’s recently rehabbed both units after a fire. The seller wants $90k, and both the units can generate $850/month in rent. But, the foundation is brick and there is a 3’x3’ section where the brick is bowing.
Have any of you had issues with the foundation when purchasing?
If you’re financing, what we’re the banks requirements after the inspection found there were issues with the foundation?
Thanks!