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Updated over 2 years ago,

Jason J.'s profile image
Jason J.'s profile image
Jason J.
  • from East Coast
  • Member since Aug 14, 2019
Connect

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17
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4
Votes
Jason J.'s profile image
Jason J.'s profile image
Jason J.
  • from East Coast
  • Member since Aug 14, 2019
Connect
Jason J.
  • East Coast
4
Votes |
17
Posts
Commercial Real Estate Investing

How would you handle Phase 1 environmental on auction property?

Jason J.
  • East Coast
Posted

If you were interested in bidding on an industrial property coming up for auction in approx 1 month, how would you handle an environmental inspection? Would you skip the inspection or pay for an inspection before bidding? There is no guarantee I would be the high bidder and an environmental could cost $2-3k. Is it still worth getting?

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