The owner was a land lord that was liquidating his portfolio and this house was in a flood zone making it hard to sell to traditional buyer.

This house is in a flood zone and was a hard sale for traditional home owners and it didn't help that it was the only house on a pier foundation in the area.

Hey @Rich Weese I appreciate the feedback, although reading your post, sounds like you had success, correct me if I'm wrong.

It'll come back over the course of the next few years.In the meantime, "traditional" hard money is coming back.

We want to but a primary home property with either VA, traditional or FHA depending on the property and what we can do with it.

If I had to boil it all down, I would say that a real estate investor is truly a problem solver rather than an investor in the traditional sense.

I did not think traditional marketing would move this property quick enough, it is also in a zip code where I have only 1 property.

Rich

@Mike McCarthy @Rich Bultema I appreciate the tips fellas, I am feeling more confident about tackling this project and I found a few youtube videos on removing this type of construction.

Why not traditionally finance from the get go?