Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply

User Stats

120
Posts
8
Votes
Markeilsha R.
  • Wholesaler
  • Syracuse, NY
8
Votes |
120
Posts

Distressed disaster!!! Buying without inspecting HELP!!

Markeilsha R.
  • Wholesaler
  • Syracuse, NY
Posted
I just went to actually see a home I found online and got under contract in order to get pictures for marketing at the request of a potential buyer. When I arrive I see that the home had been condemned and upon speaking with two neighbors I found out the the owners are all dead and the home has been vacant for 20yrs. The roof had caves in and there "may" be asbestos issue. I planned to wholesale this, but now I can't, in good conscious pass this issue on to another buyer. The only two good things I can see is that the home actually occupies two lots, and it's in a good neighborhood. I guess I need good advice on what I can actually do. Is it possible to try to sale this for the price of the land, to a land developer? What are the typical costs of demolishing a home w/ asbestos? HELP!!! PLEASE!!!

Most Popular Reply

User Stats

1,895
Posts
1,918
Votes
Tim G.
  • Rental Property Investor
  • San Diego, CA
1,918
Votes |
1,895
Posts
Tim G.
  • Rental Property Investor
  • San Diego, CA
Replied

If all of the owners are dead, who do you have it under contract with?

Is anyone building new construction in this neighborhood?

Loading replies...