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Updated over 11 years ago on . Most recent reply
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Florida Homes Block vs Wood Frame
Hey
i was driving for dollars in Orlando and while researching a property i noticed it was a wood frame construction rather than the typical cinder block. I wanted to know from the Florida investors or Wholesalers what has been your experience with wood frame homes and trying to sell them ?
Does it knock down your purchase price ?
Extra inspection cost ?
The only reason i really ask is because a recall hearing an investor once mention they would never buy wood frame homes and another just not being crazy about them. At the time i didn't think to ask, but now it has come up
Any feedback would be great
Most Popular Reply
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- Investor, Entrepreneur, Educator
- Springfield, MO
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I suggest you stick to what is most common for the area, whatever that may be, when a property is not common it's harder to appraise, harder to finance, may be harder to insure, harder to rent and sell. You really don't want to be the first on the block with anything that is out of place as an investment. :)