My First Purchase!!! Hopefully.

[Tyler Witkowski]

Hello BP!

I am proud to say I have put an offer in and it is going smoothly until I hit a wall...
I have found a nice duplex in a very nice charming town outside of my home town Rockford, IL. I am under contract, and I have gotten my funding, and inspection done. My only problem now is I have found, and my inspector has found cracks in the foundation. The house has settled and a cement floor over a crawl space has settled and cracked. it is not a huge crack, but it is still a crack.
Im in search for finding a Structural Engineer and I'm coming up short with my search. within my area there is a total of 3 people so far to look at it. With one gentleman who will cost $1500 because his office is 2 hours away from my town. and others who haven't gotten back to me or out of town.

Im not sure if I should continue going through with finding someone or just walk away front this deal. And boy, its a pretty deal.

1900 home that was a single family converted into a duplex, only minor repairs needed. carpet, paint, new light fixtures, needs a new water heater, and just a foundation issue. I know this won't mean too much since its not your particular market but the home is at $75k with so far, only a couple thousand of repairs needed. most homes in my area sell right around $100k with this towns market appreciating I see a good future for this deal. I am not relying on the future appreciation either. This will be a House Hack, so I can finally start my dream of being a Real Estate Investor. :D

I can possibly try and post some pictures of the bad foundation but without, what are you're experiences with small cracked foundations?
I need my BP families help!