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Updated almost 5 years ago on .

User Stats

21
Posts
20
Votes
Michael Acevedo
  • Rental Property Investor
  • Virginia Beach, VA
20
Votes |
21
Posts

Virginia Single Family

Michael Acevedo
  • Rental Property Investor
  • Virginia Beach, VA
Posted

Hello everybody!

I am currently analyzing a deal that is listed at 85,000 but I believe there much room for negotiation as the price changes every month since the start of 2020. However, the description states that new siding, new roof, and windows have been updated. The house is fully gutted and looks about ready to start hanging some dry wall. My question is has anybody had any experience dealing with houses that a previous investor Did not fully complete and gave up during rehab? If so, what problems occurred or what success stories do you have from properties like this, any advice or insight would be helpful.

Thank you!