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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

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Lauren Crissman
  • New to Real Estate
  • North Carolina
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5
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Is Asbestos a Deal breaker?

Lauren Crissman
  • New to Real Estate
  • North Carolina
Posted May 25 2023, 09:01

Hey everyone! Just closing on my HELOC today and naturally I have diving deep into the market looking for my first BRRRR house. I came across a small home in a prime location listed for a good price that needs obvious work based on the photos alone. In viewing the details on the listing, I saw asbestos listed under the building materials. Never having done this before I know certain factors that are considered "scary" can be a plus when negotiating for a great deal but I'm not quite sure if asbestos falls into that category or if I should abort mission and send my search elsewhere?

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