Property with aluminum wiring, what do I do?

[Kyle Mitchell]

Hi everyone,

I am in the process of offering on a property that currently has aluminum wiring.  With all of the unknowns from possible lender and insurance requirements, my question is, should I run from this deal because of this?  Or are there cheaper or more cost effective solutions other than just replacing everything?  Anyone have experience with purchasing an apartment building with aluminum wiring and have any advice?

Thanks,

Kyle