All Forum Posts by: Kevin Hodgkinson

@Kyle Swarts If the deal makes sense and it is within your scope of reason and experience level, make it work with due diligence. Although I have seen properties were it was "too distressed" and the investor decided to demo and build a new home. If you go that route, you should look at comps in that area, know your zoning, learn about the permits , ect..... It is really is situational. Do not be afraid to pass on a deal to find something more in your comfort zone!! 

Do your numbers, and if the contracting bid(s) and backside resale make it to slim of a deal, move on.