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Updated about 4 years ago on . Most recent reply

User Stats

50
Posts
16
Votes
Trevor Murphy
  • New to Real Estate
  • Greater Seattle Area
16
Votes |
50
Posts

Water damage in the kitchen

Trevor Murphy
  • New to Real Estate
  • Greater Seattle Area
Posted

I am looking at a cash only deal to fix & flip.

The house is listed for $325,000 (4 bed 2 bath 1500 sq ft)  The neighborhood I believe could support a case for $550-600 all fixed up.

The house right next to it sold for $490 (3 bed 2 bath 1300 sq ft) 

In a document I received from the realtor it discloses there was water damage to the kitchen area. 
What is the worst case scenario for the water damage and the repair/costs to fix the damage? 

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