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Updated almost 2 years ago on . Most recent reply

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Michael Peters
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Foundation Issues Make or Break

Michael Peters
Posted

Morning BP Community.  Looking at a potential live in flip with a ton of upside but the detached Garage has some foundation issues and I've only dealt with basement issues in the past.  Was hoping to see if any more experienced flippers had first impressions on if the foundation is salvageable which could make or break the renovation budget.  I am meeting a local contractor this week and hoping for advice from the community as well.

The garage sits on a small hill and the raised foundation is bulging outwards on 3 sides causing the interior floor to split along the edges of the pad.  The siding needs replaced, not reflective of the new vinyl on the house, but the mostly exposed framing still looks solid.  Anyone have any rough ideas on pricing for a repair or is this a knock down and start over kind of job?  I can incorporate about 20K into the loan for the garage but would love to get out less then 10K but not sure what options there are here.  

https://drive.google.com/drive...

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Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
1,583
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Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
Replied
Aloha,

I would not waste money on an engineer, just Demo it. The foundation is bulging because it was not properly laid, with apparently no rebar, or proper footings. You will spend more than the cost of new to have experts study it, and try to restore it to a square and safe condition.

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