Foundation repair cause to walk away from possible good buy ?
I have my eye on a property in which the foundation on one side of the duplex has crumbled due to run off from the hill to the rear of the building.
So much so the kitchen floor towards the back of the house sank in about 6 or so inches. The cabinets and stove are sunk in. Basement has basically a hole in the wall in just that section.
Obviously a French drain system would need to be installed outside. But the actual repair of the foundation? I have no idea if it’s 5k or 50k. That could obviously break the deal.
While I was at the property another investor was there too and once he saw that he just left. I kept looking. Other side of duplex is in good condition and could just use a face lift. Highly developing area.
Should I walk away because Of foundation issues.