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Updated over 12 years ago,

Account Closed
  • Houston, TX
10
Votes |
37
Posts

Advice needed on flip deal

Account Closed
  • Houston, TX
Posted

I have a flip deal where the numbers make sense. The house is in a sought after area and I can easily make around 40K based on the comps even if we priced it lower than market. My dilemma is this. This is the first time I am dealing with a house that had a mold situation. It was built in 2002, so it is a newer house. I know a house will sell as long as the price is attractive enough. Would the fact that the house had mold at some point be a deal-breaker for most buyers or would they be willing to look past it as long as the current inspection is clean. What has your experience been? Appreciate your advice.

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