All Forum Posts by: Max Cave

Hello all, long time lurker here but first time posting. I have been investing in Dearborn, MI market for a while and one of the houses I purchased a few years ago recently got fire and completely burned. Insurance just decided to pay me the full amount of the house, so now I have the option to go through with repairs or keep the money and sell the house as is.

If I get the house repaired, it will cost ~$70k and I won’t be able to sell the house more than $70k after the repairs. So I’m probably better off keeping the payout amount from the insurance. If I went that route, can I sell the house as is?

What do you think?

Thanks,

-Max