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Updated about 6 years ago on . Most recent reply

User Stats

54
Posts
11
Votes
Logan Reinard
  • Rental Property Investor
  • Cortland, OH (44410)
11
Votes |
54
Posts

When does a property become TOO distressed?

Logan Reinard
  • Rental Property Investor
  • Cortland, OH (44410)
Posted

I’ve been looking for distressed homes that need some work to flip but I’ve walked away from many houses that need more than what I’m willing (or know how) to do.

I tend to walk away if the house has some crazy weird layout, floors that aren’t level, and bad foundations.

Generally speaking, when do houses become too distressed for you?

Most Popular Reply

User Stats

147
Posts
75
Votes
Bob Anthes
  • Rental Property Investor
  • Port St Lucie, FL
75
Votes |
147
Posts
Bob Anthes
  • Rental Property Investor
  • Port St Lucie, FL
Replied

@Logan Reinard every deal is different, depends on what you buy it for and the market. If the numbers work and you have a good contractor could be a win.

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