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Updated about 4 years ago, 12/06/2020

User Stats

7
Posts
0
Votes
Michael Vilardo
  • Flipper/Rehabber
  • Raleigh, NC
0
Votes |
7
Posts

Raleigh househack questions

Michael Vilardo
  • Flipper/Rehabber
  • Raleigh, NC
Posted

I’m looking at a potential househack outside of Raleigh, NC in Johnston county.

The place: 3/2 on 1.3 acres. Detached garage with finished 1/1 above - all work UNPERMITTED by previous owners. Tied in to septic system rated for a 3/2. Tenant in place on M2M lease.

Also, there is no road maintenance agreement for the private road that the property used to access the driveway. There is only 1 other house on that private street so a RMA will need to be drawn up.

Is this deal a no go? What are your thoughts?

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