Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Foundation Issues- Opportunity or run the other way??
I have a great deal on a house that has foundation issues. The wall is bowing on two basement walls. You can barely tell by looking at it but you can definitely see the cracks. The way we remedied this problem in the house we live in now was with carbon fiber strips that offer a lifetime transferable warranty that no further bowing would take place. Foundation issues don't scare me but this house would be one that would attract a lot of first time home buyers and I'm worried that it will sit on the market because of these issues scaring people off. Anyone have any experience with flipping houses that have foundation issues??