Buying a house 2 doors down from an eye soar abandoned house!

[Account Closed]

Hi all!

So my agent has brought me a deal that fits my criteria. Sfh, 4 bed, 1.5 baths (and plumbing for another in the basement), brick home and in a decent C neighborhood. Need a full rehab.

My goal is to flip it and if everything goes as planned I will see a 30k profit according to my calculations.

My resistance is that there is an ugly house two doors down that is abandoned and doesn’t have a window on the top level. Someone bought the house about 9 months ago but has done nothing to it. Would this be a deal breaker for you?

There’s also a vacant lot right across the street just ahead of railroad tracks. Is this a deal breaker for you?

What’s your Insight from experience?

Thanks!

[Patrick Johnson]

Try to offer on the abandoned property, if it is a neighborhood that you can see value in doing it. You never know, you may end up with a better deal for both by adding value to the neighborhood.