There are a lot of people with more experience then me in this forum when it comes to renovating a house and I would like any bit of help from anyone.
I was looking at 1938 Cape Cod style house with brick outside, 1600sqft, 3 beds,2 baths sitting on .124 acres that has potential. I can get the house for around 30-40K, similar houses in the same neighborhood even the house next to it which is very similar to this one was sold in today's market for around 150K.
Here is the catch, the house needs: Roof, Windows, Living Room-Dining Room and one bedroom need new floors. Electric unit needs to be updated so does the plumbing.
Out of all that I can do the flooring, electric and probably plumbing. Will this project cost me more then 100K if I buy the house for 30K. I'm not trying to make profit I'm trying to live in it.
I was looking at 1938 Cape Cod style house with brick outside, 1600sqft, 3 beds,2 baths sitting on .124 acres that has potential. I can get the house for around 30-40K, similar houses in the same neighborhood even the house next to it which is very similar to this one was sold in today's market for around 150K.
Here is the catch, the house needs: Roof, Windows, Living Room-Dining Room and one bedroom need new floors. Electric unit needs to be updated so does the plumbing.
Out of all that I can do the flooring, electric and probably plumbing. Will this project cost me more then 100K if I buy the house for 30K. I'm not trying to make profit I'm trying to live in it.