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Updated almost 9 years ago,

User Stats

70
Posts
37
Votes
Robert L.
  • Investor
  • Jacksonville, FL
37
Votes |
70
Posts

Buying house with galvanized copper piping?

Robert L.
  • Investor
  • Jacksonville, FL
Posted

I am interested in buying a house where this tenant has been living there for 25 years.  It's a 1961 concrete block house.  The only "issue" I have is that it still has the galvanized piping and has not been replumbed with PVC.  It is unlikely the tenant is going to move.  I plan to buy this house with enough "room" in the numbers to repipe for like $2k to $3k.  But I wouldn't want to do this while the tenant is still there.  What do you think about this situation?  There isn't a plumbing problem now, but if something happens it could be nasty--but you can say that about any plumbing problem, I suppose.  Thoughts?

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