Rotten floor joists. Can it be fixed?

[Jessica Vanderveen]

The property I'm hoping to purchase has dry rot through all of the floor joists. There is a foot of water in the basement and it's been like that for about 10 years. All the joists would need to be replaced. Has anyone done this? Is it possible? Should this turn me off from the flip? 

[Michael Gessner]

@Jessica Vanderveen yes they can be fixed. But why would you buy a property the has a foot of water in the basment. And why has the basment been flooded for 10 years. I say stay far away