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Updated over 5 years ago,
Wholesale fire damaged property
What are some of your opinions/ experiences wholesaling fire damaged properties? I’m trying to get an older fire damaged property under contract, but honestly I’m not sure how to assess it. The house literally right next door on the same street to the property is a brand new development and is a HUGE beautiful home. Would and investor see this as an opportunity?
Parts of the roof have excessive fire damage, but the inside seems to be somewhat intact. I know theres water damage from putting out the fire so I’m not even sure how to calculate this deal. Help a brother out