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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 5 years ago on . Most recent reply

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Jared Lasko
1
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13
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Fire damage BRRRR? Are they worth it?

Jared Lasko
Posted

Hello all!

I have recently come across a deal that has fire damage. I haven't completely ran the deal but at first glance, it looks to be a very good one. It is a duplex that ARV could quite possibly be 300k above its current list price. From the listing, "Dwelling has been involved in a fire and has extensive interior damage
and needs LOTS of WORK to bring it back to habitable condition."

Has anyone had experience in rehabbing a fire damaged home? Is it something that people don't touch because its scary but in reality its actually worth it?


I know I need to get someone to take a look at it but I just don't know if that alone is even worth it.

Thanks!

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