Updated over 17 years ago on . Most recent reply
HELP Please
My wife and I just looked at a 2 family home. Asking price 185K.
The house would produce at least 200$/unit monthly cash flow. The house is completely updated, electric and plumbing, roof ect. The problem is the house was built in 1905 and the floors are VERY uneven. The foundation has been fixed and there are no forseen problems with that either. Do we make on offer based on the potential income or are the uneven floors a good reason to walk away?