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Updated almost 5 years ago on . Most recent reply

Fire damage
Hi BPers!
What should I keep in mind when considered buying a fire damaged house for a flip? Is there a point at which there's too much damage to be repairable? Should I turn and run away? Look forward to your advice!
Victor
Most Popular Reply

Do the owners have insurance? If so they would have done an estimate and that would give you an ok idea of the repair costs, that at least, the insurance company thinks it would take to get back to pre loss condition. These estimates can be/are on the low side but will be in the ballpark. Let me know if you need any advice, I'm a fire restoration contractor out here is SOCAL.