Bad condition garage
Hello,
I am in the process of purchasing one of my first properties that after the inspection I found out a lot of garage problems.
It has bad roof, rotted wood, the garage door is old, the garage opener is not working (the electricity cable is cut), the concrete is in bad shape... I am trying to lower my offer price because of the garage condition... but I am wondering what I can do. I afraid that rehabbing the garage would be useless (I still didn't bring any contractor to see the property) and was thinking about replacing with a new garage...
I am about to hold and rent the property, don't want to flip it.
What do you say? based on the condition, you think I should replace it (probably at least 6-7K) or maybe rehabbing it will be cheaper?
Thanks