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Updated almost 4 years ago, 01/11/2021
Brick Foundation - Oakland CA
Hey Guys,
I'm considering a building that has a brick foundation. It looks good because I think I can get to a PITI of $3857/month. And I have a plan that could get the rents to $5200/month.
The issue is that the building was built in 1903 and has a brick foundation. It's a very old victorian. Has anyone here replaced or brought up to code a brick foundation? What's the cost of that? And What's the process like?
Is a brick foundation a deal-breaker? Or, is this property a gem covered in dirt and a little hard work?
Any recommendations for a good foundation contractor here in the bay area to keep in the back pocket?