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Updated almost 2 years ago,
Would cracking in foundation be a deal breaker for you?
My realtor sent me a video of the walk thru. (remote investor) Its a 1500sq foot duplex. Early 1900 build. One side occupied one vacant. Property needs all new everything. Was originally budgeting 60k for rehab. Upon initial walk thru the vacant side basement has lots of cracking. Each wall pretty much has either, vertical, horizontal or diagonal cracking. Some parts of the foundation are showing daylight. But hard to see if theres any bowing occurring. Realtor suggested 10k budget for foundation. Not able to view occupied side unless under contract.
I would of course get a structural engineer during my inspection period, and this could be a great discounted deal. But I am a novice. And do feel that 10k wont be enough for this. Not sure if I should pursue this.