First post intro and Oakland investment help
Hi all,
New to BP and wanted to thank all of you for adding to this invaluable resource. I and my husband are part time residential RE flippers & investors. Have done 4 low end flips in the Bay area ranging from 600/900K. Recently bought a property in Oakland (Crocker Highlands) from a wholesaler for 1,070000. This one is our major investment and need minimum of 300K of work done. Any leads regarding economical structural engineer, soil testing and foundation work would be much appreciated. Second guessing ourselves that may be we bit off more than what we can chew. It would be very helpful to hear opinions regarding a flip with foundation/soil issues from local area experts. Comps around the area are all over but 1.7M resale is conservative number. Worth it or not??