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Updated about 9 years ago,

Frank Matanane's profile image
Frank Matanane's profile image
Frank Matanane
  • Flipper/Rehabber
  • from Port Orchard, WA
  • Member since Aug 1, 2015
  • Posts 75
  • Votes 15
  • Experience 9 Yrs
  • Investments 2
Connect

User Stats

75
Posts
15
Votes
Frank Matanane's profile image
Frank Matanane's profile image
Frank Matanane
  • Flipper/Rehabber
  • from Port Orchard, WA
  • Member since Aug 1, 2015
  • Posts 75
  • Votes 15
  • Experience 9 Yrs
  • Investments 2
Connect
Frank Matanane
  • Flipper/Rehabber
  • Port Orchard, WA
15
Votes |
75
Posts
Starting Out

Earthquake damage property

Frank Matanane
  • Flipper/Rehabber
  • Port Orchard, WA
Posted

Just came across a listing of home with earthquake damage. 

What are some things I should be looking out for to include in my analysis? 

Estimated ARV of this home would be 300K and current listing price 145K. Having not done a walk through yet just guestimating a rehab of 100K on 2300sqft (I'm no expert on rehab costs). I could net 30 if my offer were to come in 120K.

To complicate matters the property has a 2nd home included on the lot. 

Any advice would be appreciated.

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