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Updated over 5 years ago on . Most recent reply

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Tristen Jenkins
  • Ocean City, NJ
4
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9
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Paint vs. siding replacement

Tristen Jenkins
  • Ocean City, NJ
Posted

Hello BP community,

I am closing on my first deal in a couple weeks. It’s a triplex in South Jersey. For those familiar with the area it’s in Egg Harbor City. The appraisal requested the existing wood siding be painted and repaired in certain places were the boards are messed up. The house was built in 1902 and due to the age it doesn’t have the current sheathing/insulation that newer homes would have. I’m debating on what to do in terms of just getting it painted to satisfy the banks requirements or get the entire siding replaced with vinyl siding. Any thoughts or opinions would be greatly appreciated!

  • Tristen Jenkins
  • Most Popular Reply

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    Andrew Syrios
    • Residential Real Estate Investor
    • Kansas City, MO
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    Andrew Syrios
    • Residential Real Estate Investor
    • Kansas City, MO
    ModeratorReplied

    I would lean toward repainting and repair as it's cheaper and should get the job done, especially if it's a rental. If you're thinking about flipping it, then maybe I would go the siding route.

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