I know many people that have been unable to rebuild after the 2020 California August lightning fires because they were only insured for about 1/2 or less of the actual replacement value.

I’m a first-time investor and I’m investing out of state… don’t want to get dragged into rebuilding the whole house lol.These were the actual words from the inspection: “I observed cracks throughout the foundation and leaning/settlement at the east and north structural wall of the house foundation.

I’m currently bidding my time and rebuilding the war chest while we rehab the most recent 5 units and get them rented.

I'm hoping to get into the multi-family game in a few months after I rebuild some capital.

Even if we did tear down and rebuild, im afraid it would put us under water or at a break even point if we are super strict with the build budget- plus adding to that, I don't know how the rehab lender would even look at this now if we do have to tear down.

I will rebuild brick walls, replaced beams, plumbing, electrical, etc.

Do you mean to rebuild for low-income housing?

I'm highly interested in learning about Wholesaling, Rebuilding and Renting.

This purchase would involve a full rebuild down to the studs.

I have a modest background in web development and have been rebuilding a separate direct-booking site to align with a broader pivot to off-platform direct booking.