Purchasing an “as-is,” condition property in need of a lot of work can be a smart investment, or it can quickly turn into a money pit. If an investor decides to go that route, the first decision they’ll need to make is whether to undergo some renovation work to make the property not only livable but enticing, or if the entire home needs to be torn down.
Source: Inman News
Renovate or teardown? What to know
Published in bill wendel, Bobby Montagne, chris smith, Elliott Oliva, Gardner Realtors, Keller Williams Realty-McLean, Property Portfolio, Select and Walnut Street Finance
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