Deal With Foundation Issues

[Seth Wilcock]

I'm looking at a potential BRRRR for a duplex in a fantastic area. It's priced right and there is some room to build in a repair budget.

My agent sent me the following broker remarks when he was taking a look at the property:

*** AS-IS SELLER TO DO NO REPAIRS! *** Inspection shows some settlement of foundation block in a couple areas and a split floor joist _ Still Sold AS-IS *** HIGHEST AND BEST OFFER DUE BY 5:00 P.M. FRIDAY 11/26/2021!!!

I've done some rehabs and a BRRRR before, but I've not had much experience with foundation repairs. I know they can be costly. Based on the description, can anyone give me an indication of the severity of these repairs and how much it might cost to fix?

[Seth Wilcock]

Hi @Caleb Brown - I really appreciate your response.  I know my description isn't much to go on.  I'll see if I can obtain some photos/videos.  The property is out of state and it's right before the holiday weekend so maybe I can get some more info by next week.  I do have a GC in the market I could reach out to.  Maybe he can swing by the property for me and give me a ballpark idea.  I'll reach out to him and I appreciate the suggestion!