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 3 years ago,

User Stats

2
Posts
1
Votes
Steven Alexander
  • Investor
  • Yakima, WA
1
Votes |
2
Posts

What to do with this house with a ARV of 377,000

Steven Alexander
  • Investor
  • Yakima, WA
Posted

so an assessor looked at the house and values the house with the 2.5Ac of land at 377,000.  The house is for sale cash only for 150,000.

ok I say what is wrong with it.  looking at it it can not be lived in due to roofing that was put on wrong or was the wrong type and it has caused massive water damage to the walls and attic. I am almost sure there is black mold.  The house is a double wide with 3 beds 2 baths over 2000 sqft and has a 3 car attached garage.  Along with that the yard is in good shape and they had a bird sanctuary building on the property that is over 1000sqft.  This is a massive place and i think it would cost around 70,000 to fix but not sure what you guys think about this.  I know that prop is crazy right now and it is only .25 miles away from the ocean.

Loading replies...