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Updated over 6 years ago on . Most recent reply

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8
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Xiaoyu Zhang
  • Virginia Beach
0
Votes |
8
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Lead based paint in old house

Xiaoyu Zhang
  • Virginia Beach
Posted

Hello Everyone,

I'm new to BP and just got into rental property investment. I'm interested in buying a bank owned house that is asking for $80K. The rental price is expected to be around $1,500 monthly. However, it states that lead based paint potentially exists. The house was built in 1905. Is lead based paint a serious problem? Can it be fixed? 

Thanks for your time to read and answer my questions.

Shawn

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