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Updated over 1 year ago on . Most recent reply

User Stats

37
Posts
13
Votes
Alacia Mahnken
  • Realtor
  • Tampa, FL
13
Votes |
37
Posts

Buying a property with unpermitted work from an unlicensed GC...

Alacia Mahnken
  • Realtor
  • Tampa, FL
Posted

Thoughts? Anyone have experience with this in Florida?

Details:

-Property currently under contract with a wholesaler at 76% of ARV.

-Rehab included new driveway, addition of bathroom and converting a room to bedroom as well as new roof and HVAC. Increased sq footage.

-My husband is a licensed GC and we reviewed 4-point inspection and nothing major found. He estimated about 10k if this report is accurate.

Our goal is to get permits and do last fixes and flip it.

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