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Updated over 10 years ago on . Most recent reply

User Stats

109
Posts
36
Votes
Ben Cochran
  • Fort Collins, CO
36
Votes |
109
Posts

Structural Engineer?

Ben Cochran
  • Fort Collins, CO
Posted

I am almost ready to make an offer on my first fiz and flip property.

Upon the initial walkthrough with my GC, we noticed some small cracks in the drywall and a few small stair stepping cracks in the exterior brick. The selling agent said that a structural engineer inspected the property about a year earlier and said that the issue was minor and mostly cosmetic and that the issue could be fixed with a French drain and sump pump.

My question is, should I hire a structural engineer to inspect the foundation before I make an offer, which is roughly $750, or go ahead and make the offer with a "subject to" clause in case the repair work is more than we estimate?

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