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Updated almost 11 years ago on . Most recent reply

Joe Santiago's profile image
Joe Santiago's profile image
Joe Santiago
  • Rental Property Investor
  • from Addison, IL
  • Member since Mar 20, 2013
  • Posts 37
  • Votes 6
  • Experience 10 Yrs
  • Investments 2
Connect

User Stats

37
Posts
6
Votes
Joe Santiago's profile image
Joe Santiago's profile image
Joe Santiago
  • Rental Property Investor
  • from Addison, IL
  • Member since Mar 20, 2013
  • Posts 37
  • Votes 6
  • Experience 10 Yrs
  • Investments 2
Connect
Joe Santiago
  • Rental Property Investor
  • Addison, IL
6
Votes |
37
Posts
Rehabbing & House Flipping

Condemned Properties

Joe Santiago
  • Rental Property Investor
  • Addison, IL
Posted

I wanted to know if anyone has any experience dealing with flipping condemned properties. I spoke to motivated seller and negotiated down to a 9k purchase price before seeing the property. I negotiated based on comps in the area. I drove past the property yesterday to see a red condemned sign in the front window. What do I do now? The seller never said it was condemned. Any insight would be helpful.

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