Updated about 5 years ago on . Most recent reply
House Fire Rehab. Gutted
There is a property that i could purchase for a BRRRR that was involved in a house fire. it has been completely gutted down to the frame. some of the frame work has obvious burn damage. minus the burn damage, the house otherwise would fall into my range acquisition wise. does anyone have experience with burn damage property? is there additional risk? is burn damage in the frame not worth the headache? plus the property is absolutely gutted. in your experience are properties that need completely redone a good idea? do these homes get torn down completely and started over?