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Updated almost 5 years ago,

Michael Lugo's profile image
Michael Lugo's profile image
Michael Lugo
  • Member since Feb 3, 2020
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Michael Lugo's profile image
Michael Lugo's profile image
Michael Lugo
  • Member since Feb 3, 2020
Connect
Michael Lugo
0
Votes |
5
Posts
Rehabbing & House Flipping

Is this a bad first buy?

Michael Lugo
Posted

This house is completely gutted. Needs electrical, plumbing, walls, paint, appliances, trim. The only thing the house has is framing on the inside. Is 3700 square foot house. Three floors. How much do you think all this work might cost to renovate?

They want 75 with a 203k loan so it includes about 30K extra to help pay for rehab.

Will it cost too much to fix this?

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