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  #15  
Old 06-09-2005, 05:25 PM
MedMech
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Before you get into a fixer upper make sure you have the cash on hand before you start fixin uppin. Normally if a house has superficial flaws it has much bigger problems down deep, like bad electrical, plumbing, rotton roofing.

Unless you know exactly what you doing get a home inspection and home warranty AND my threshold for fixer uppers is at least a $40K profit once it's completed. Fixer uppers are a dime a dozen make sure you real estate pro knows what they are doing. It won't hurt to hire an appraiser to act on your own behalf. Salespeople are for selling and most of them are ****** morons. If they make any promises see if they will put that in writing for you, I'll bet you a paypal $100 that they won't make any of the guarantee's they make in writing.
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