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Updated over 6 years ago on . Most recent reply

User Stats

15
Posts
4
Votes
Brad Tabor
  • Rental Property Investor
  • Spring, TX
4
Votes |
15
Posts

Foreclosure Foundation Failure in Houston

Brad Tabor
  • Rental Property Investor
  • Spring, TX
Posted

New to investing, though have bought several homes to live in over the years. We thought we found a great deal on a foreclosed home but our realtor pulled the key map of the foundation and found 32 of the piles needed leveled ($14,000 estimate). I think we still could have made it work but the risk of all the issues moving the house that much scared us off. I'm glad our agent did her due diligence for us and a valuable lesson learned. Hope this helps someone else.

Still looking for that first property to BRRRR. Working the cash angle to start but wanting to scale quickly.

Any leads let me know.

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