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Updated over 6 years ago,

User Stats

29
Posts
9
Votes
Calvin Liang
  • San Francisco, CA
9
Votes |
29
Posts

Is buying fire damage multifamily a bad idea?

Calvin Liang
  • San Francisco, CA
Posted

I recently saw a 6 units multifamily building. 3 units are rented. The other 3 units are fire damaged. The property is way under market value.

Should I consider fire-damaged building at all? If yes, what should I take into consideration in terms of rehab cost?

Any feedback would be appreciated!!

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