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Updated almost 3 years ago,

User Stats

37
Posts
20
Votes
Philip Hernandez
Pro Member
  • Rental Property Investor
20
Votes |
37
Posts

Rehabbing a condemned quad

Philip Hernandez
Pro Member
  • Rental Property Investor
Posted

Hey folks!  So I’m considering a rehab on a condemned quad.  Does any here have experience with something like that?  What are the highs and lows $wise that folks have spent on rehabbing quads?  I know that you can’t know until you know, but this property will make sense if the rehab is 100k-140k, but won’t make sense if the rehab is 200k + or it will be challenging for me to control past the 120k $ amount. Thanks for any words of wisdom for how to proceed.  A little more background.  My go to GC says that they have undertaken work like this, but that they will have to research city records to see what it’s condemned for before a reasonable estimate is known.

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