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Updated about 5 years ago,

User Stats

32
Posts
15
Votes
Zoran Domazet
  • Rental Property Investor
  • Jacksonville, FL
15
Votes |
32
Posts

SFR Fix n Flip concern - need advice

Zoran Domazet
  • Rental Property Investor
  • Jacksonville, FL
Posted

Hey guys! I am currently in the process of making an offer on a SFR that will some rehab work. The property is not on the market but the seller is willing to sell because he has multiple other properties that he's currently working on. When I pulled up the permits I noticed there was a foundation issue which was repaired by " injecting polyurethane for void fill" by a local foundation repair company. The owner states that the slab the bedroom sits on, had a void that needed to be filled. The void was filled by a reputable foundation repair company and passed inspection. The owner paid $5200 for the job and states that the repair is warrantied by the vendor. I've never had any foundation issues and I am not familiar with this type of work. I would like to know if this is something I should stay away from. Let me know your thoughts. I appreciate the advice in advance.

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