Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

47
Posts
18
Votes
Robert Khalev
  • Rental Property Investor
  • New Jersey
18
Votes |
47
Posts

Foreclosure purchase in NJ

Robert Khalev
  • Rental Property Investor
  • New Jersey
Posted

Hey all!

I am a relatively new flipper in central NJ and am looking at foreclosure homes.

I love some of the foreclosure homes I am seeing, but what do you recommend to do in order to get a proper home inspection done?

It seems banks will not be willing to turn on utilities and it makes receiving a thorough home inspection a very difficult (if not impossible) feat.

Problem is I will be using hard money to finance the deal and if I do not account for an expense appropriately in the beginning, how will I ever be able to fix any issues that arise once the home is dewinterized/ utilities are turned on and be able to finish my rehab and sell the home...

What recommended actions should I take to receive a thorough home inspection on a foreclosed home that is winterized?

Thanks for your time!

Loading replies...