Wholesaling fire damaged property

[Arreanna Cromartie]

ok I have a property in NC I want to put under contract but everyone is saying make sure the numbers are right. Which of course I understand but do people actually buy fire damaged properties, it seems like untouched territory especially in Hope Mills/Fayetteville where I’m from. I’ve never seen a property rehab a fire damage house.Does the normal general contractor come out and draw up an estimate for repairs or is there a special person? If it’s a complete gut and start over how do you calculate that? So many questions 😂

[Wes Short]

I would agree with Aaron, I think your best bet is to find a flipper who has done fire damaged properties in the past and has experience with them. It can be hard estimating rehab costs for a normal home, I'm guessing fire damage increases that difficulty even more. I'm sure there is someone out there though that does work on these projects you just have to find them!