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Updated over 2 years ago on . Most recent reply
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Purchasing a property with unpermitted upgrades
Hey guys,
I am thinking about purchasing a multiunit property in the southern California area but when looking at the assessors website, I noticed that the 3B was technically a 1B according to LA county. Was just wondering what your guys thoughts are on purchasing properties with unpermitted upgrades. If cash flowing well would you still proceed? What are the drawbacks and have you guys had issues arise after purchasing a property with unpermitted upgrades?
Thanks!