Buying a house 2 doors down from an eye soar abandoned house!
Hi all!
So my agent has brought me a deal that fits my criteria. Sfh, 4 bed, 1.5 baths (and plumbing for another in the basement), brick home and in a decent C neighborhood. Need a full rehab.
My goal is to flip it and if everything goes as planned I will see a 30k profit according to my calculations.
My resistance is that there is an ugly house two doors down that is abandoned and doesn’t have a window on the top level. Someone bought the house about 9 months ago but has done nothing to it. Would this be a deal breaker for you?
There’s also a vacant lot right across the street just ahead of railroad tracks. Is this a deal breaker for you?
What’s your Insight from experience?
Thanks!