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Updated over 5 years ago,
Wholesaling fire damaged property
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 😂