Updated 2 months ago on . Most recent reply

7br 3 bath with potential
I came across this deal today and it's 7br 3 bath 5300 square feet. The asking price is 370000. The rugs, wall paper and some cabinets are outdated and it looks like it was a bed and breakfast years ago.
There's lots of rooms with offices or empty space that another room could be added and there's a large basement which could be turned into more rooms or a community area. I think it could easily be 10br 5 bath depending on how the piping is laid out. Any thoughts on this? I was thinking of renting by the room and using a 203k loan to update the cosmetic features.