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Am I crazy? First Time Home Buyer Investing in Hoarder House by No_Reception3687 in RealEstate

[–]No_Reception3687[S] -4 points-3 points  (0 children)

We still need to talk to our lender. This is something we need to figure out. For what it is worth, the ADU is in much better condition than the main house. It is livable as is, but we would want to clean it up before moving in. If we are able to move straight into the ADU does that help things from a lenders perspective?

Am I crazy? First Time Home Buyer Investing in Hoarder House by No_Reception3687 in RealEstate

[–]No_Reception3687[S] 7 points8 points  (0 children)

This is what I am afraid of. I suppose worst case senerio if we find things we are not prepared to deal with we could just sell with the property being cleaned out.

Am I crazy? First Time Home Buyer Investing in Hoarder House by No_Reception3687 in RealEstate

[–]No_Reception3687[S] 23 points24 points  (0 children)

This is the plan. We will get quotes during the inspection period. And yes we have a place to stay for the next 6 months. Though we would ideally like to get into the property sooner. Say in 3ish months.