Updated almost 4 years ago on . Most recent reply
Deal With Foundation Issues
I'm looking at a potential BRRRR for a duplex in a fantastic area. It's priced right and there is some room to build in a repair budget.
My agent sent me the following broker remarks when he was taking a look at the property:
*** AS-IS SELLER TO DO NO REPAIRS! *** Inspection shows some settlement of foundation block in a couple areas and a split floor joist _ Still Sold AS-IS *** HIGHEST AND BEST OFFER DUE BY 5:00 P.M. FRIDAY 11/26/2021!!!
I've done some rehabs and a BRRRR before, but I've not had much experience with foundation repairs. I know they can be costly. Based on the description, can anyone give me an indication of the severity of these repairs and how much it might cost to fix?
- Seth Wilcock
Most Popular Reply
Really tough to gauge. Would need photos, videos etc. Worst case the wall needs rebuilt and joists replaced. Do you have a go to GC to ask or a local contact? Better to ask someone local than on here
- Caleb Brown