All Forum Posts by: Shaeida M.

Thanks for the response Jon.

Now I have a better understanding of what to look for.  I didn't know where the value was in this particular situation and it left me puzzled.  Thanks for the insight.

Hey Justen,

Thank you for replying . Yes , the house is about 70% damaged.

The roof and both second and first floor has extensive damage.

Being that its a total lose , what could you do with the 300k equity if so?

Hello BP family!

I am new to the investment world and came across a situation that I'm not familiar with. My husband and I saw an advertised burnt property for $50K with $300,000 in equity. The adjacent homes in the area run around $500K.   

Here's my question: How would you invest in a property like this or can you?