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Updated almost 10 years ago,
Need advice on burned property - Houston, TX
Hi everyone... does anyone have experience in doing deals on fire damaged homes? I have a potential deal where I can get a property at lot value, $8k-$10k, but comps in that neighborhood are about $30k-$40k and $40k-$55k on the higher end.
Would you suggest rehabbing or just wholesale it?
Below Median Income area
House is 3br/1ba - 1100sqft
Great back yard with room to expand
Gut job
Hope to hear from some of you soon.