Wholesale a "fire damaged" home?

Wholesale a "fire damaged" home?

Is it possible to do this? I know there was a really good post on here maybe in December, that the DG'er wholesaled to a guy, who his parents bought the home for him to fix and live in it. I think Shaun Omar did it, but I could be wrong.

Do you know where I can find the link for that post? Thanks in advance.

__________________


some investors

prefer properties like that because they get them cheaper


I agree

There are 2 that are kinda in my radar ~ I stumbled on them on Sunday (of all days), wile taking a couple side streets one day. There are no for sale signs or anything in the yards. Today, I remembered somebody on the DG website sold one that had fire damage. Granted, the repair estimate would be more - It would basically be a new house for the rehabber when they were done with it.


Hey Dallas did you see the

Hey Dallas did you see the one I rehabed on my website slide show?


No, I didn't. But...

Which picts. are they?

James Kendrick wrote:
Hey Dallas did you see the one I rehabed on my website slide show?


and...

how much did it cost to rehab? Laughing out loud


Dallas That won we bought

Dallas That one we bought 26k, $49,400. rehab,taxes,Ins,and closing cost.
4 week to complete,clean,prime,paint interior and basement,added 120sq ft by opening breezeway to kitchen,added a powder room off that.

Replaced all windows firemen broke everyone. complete tear-off and replace roof. Installed 700 sq ft hardwood floors,and new carpet in the three bedrooms. Replaced all interior doors and trim. Plus rewired the whole house.

But remember I'm not paying contractors,myself and sons and one other guy that works with me.

Sold $114,900.00
purchase -26,000.00
expenses -39,200.00
_______________________
Profit $ 49,700.00

It sold retail 4days


servpro

hi i know what to do on fire damaged homes hince i use to work for a company called "servpro"! so i have seen one almost gone brought back and it was burned up by a lighting strike!
now for the whole sale deal i dont have a clue about!

__________________

"JACK OF ALL TRADES, MASTER OF NONE!"

Learning to Do, Doing to Learn, Earning to Live, Living to Serve. FFA MOTTO

Ben Franklin's Autobiography free audiobook download-
https://librivox.org/the-autobigraphy-of-benjamin-franklin-ed-by-frank-w...


Bandit1 I did a fire job in

Bandit1 I did a fire job in 92 that I tore it down to the foundation and rebuilt it, but it's still standing.