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Updated almost 6 years ago on . Most recent reply

Chad Mitchell's profile image
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Chad Mitchell
  • Member since Mar 5, 2019
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Chad Mitchell's profile image
Chad Mitchell's profile image
Chad Mitchell
  • Member since Mar 5, 2019
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Chad Mitchell
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Multi-Family and Apartment Investing

How much of a concern are water stains around the foundation?

Chad Mitchell
Posted

I'm calculating rehab costs for a rental property, and the inspection revealed water intrusion around the foundation in the basement.

For an image, see: https://imgur.com/a/iXA6kBu

I've heard to walk away from deals involving foundation issues, so I wanted to check with others who have dealt with similar issues. How much does this cost in a typical case vs a worst case scenario?

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