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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 year ago on . Most recent reply

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William Gharis
  • Insurance Agent
  • Dallas, TX
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BRRRR Home Inspections

William Gharis
  • Insurance Agent
  • Dallas, TX
Posted

Will a standard home inspection work for BRRRR, or would a more intensive/thorough home inspection be necessary? If the home is distressed, I would assume that much of the interior finish is in poor condition anway (not to say the interior finish does not matter). Shouldn't the inspection be more focused on foundation, roof integrity, dry rot, plumbing, electrical, HVAC, etc.?

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David Ramirez
  • Investor
  • Tampa, FL
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David Ramirez
  • Investor
  • Tampa, FL
Replied

When it comes to fixer-uppers, if you are planning on doing cosmetic work, you could request a 4-point inspection to ensure the roof and the three mechanical systems (HVAC, plumbing, electrical) are in the expected condition. If it's a full remodel, running an inspection might not make sense. Inspections on fixer-uppers are not common nowadays.

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