Posted by Rolfe Mpls. on January 20, 2000 at 24:58:01:
Condition of the property only relates to the numbers, which may or may not lead to a done deal. You’ll only buy the property if the seller agrees to your price, and your price will consider rehab costs and the fixed up market value. As for the type of rehab project, no building is impossible to renovate. We can do anything with enough money, but all the construction budgets and purchase prices must work together to produce a profitable project.