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Real Estate Deal Analysis & Advice

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David Lowe
  • Investor
  • Summerville, SC
14
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29
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Buy-and-Hold with Polybutylene Pipes?

David Lowe
  • Investor
  • Summerville, SC
Posted Apr 27 2017, 11:44

I just got the inspection report back on a house I am considering. The house has polybutylene pipes and I have been reading a lot of nasty things online about this type of pipe. I plan to get quotes from some contractors to replace all of the pipes, but wanted to see if you guys have any experience with these pipes. The house is a 4-2 located in North Charleston, SC and was built in 1996. The report says the pipes have brass fittings (rather than plastic) and there are no apparent leaks at this point. Is it worth replacing the pipes now, or should I wait to replace them if/when they break? Any idea of a cost range to replace the pipes? Would you buy a house that has polybutylene pipes as a long-term buy-and-hold? The seller is already bringing money to close, so I think it will be difficult to get them to cover the cost or to lower the purchase price. (House is $160k, rent between 1,400-1,500, needs new HVAC and water heater sooner than later, plus $1000-2000 to make rent ready)

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