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.
Real Estate Deal Analysis & Advice
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 about 9 years ago, 09/03/2015

User Stats

59
Posts
11
Votes
Aaron Carter
  • Real Estate Agent
  • Bemidji, MN
11
Votes |
59
Posts

flipping house that has frozen advice...

Aaron Carter
  • Real Estate Agent
  • Bemidji, MN
Posted

I am looking at a foreclosure on hubzu. It is being sold as-is cash only. Starting bid $135,000. ARV comps around $215,000 conservatively. I know that the house froze last winter. Is this something that you would consider? Hubzu states that the house is occupied but i know for a fact it is vacant as my mom, who is a realtor just showed it about a month ago before it was foreclosed on. I have purchased a property through hubzu before and know what to expect. I have done two rehabs for buy and hold, this would be by first flip.

I a planning on having to replace all plumbing with pex, toilets, and hot water heaters. also needs flooring and other standard basic cosmetic upgrades. Anything else big that I would need to consider? 

Loading replies...