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Updated over 8 years ago on . Most recent reply

User Stats

29
Posts
1
Votes
Jacob Ham
  • Scottsdale, AZ
1
Votes |
29
Posts

Foreclosed fire damaged house flip.

Jacob Ham
  • Scottsdale, AZ
Posted

Hello BP,

I am currently looking at a property that just had its price reduced because of a foreclosure. Its listed right now for $64,900 on MLS. and properties for sale in the neighborhood range between 140k-210k for around the same size.

# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 1,128
Year Built: 1971
Subdivision: 
Pool - Private:
Approx Lot SqFt: 6,273
Cumulative DOM:
# of Interior Levels: 1

Problem is, this place has fire damage, and I haven't seen the inside. I was wondering if you flippers out there could give me a ball park estimate of that the renovation would cost, lowest with minimal damage, and high with most damage.  Or if you even think its worth. This would be my first project. 

Thanks, 

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