Selling an Unfinished Investment Property in Gonzales, Louisiana

Not every investment property reaches the finish line. In this Gonzales property walkthrough, Dillon King visits a partially renovated home owned by a contractor and real estate investor who decided it was time to move on before completing the project.

The home has a solid layout, with many of the rough-in stages already completed, but it still needs flooring, fixtures, foundation work, and several finishing touches. With an investor loan coming due and the property located too far away to manage conveniently, the owner chose to sell the home as-is rather than continue investing additional time and money.

In this video, Dillon walks through the property, explains what has already been completed, highlights the remaining work, and discusses how Home Buyer Louisiana helps homeowners sell unfinished renovation projects quickly for cash.

You can watch the video to see the property and hear more about the situation, or read the video transcript below.

Video Transcript

Hey, Dillon King here again with Home Buyer Louisiana, and today I’m in Gonzales. I’m out here at someone’s investment property. The owner is a contractor and real estate investor who bought this property in Gonzales and has done a lot of work to it.

It looks really great on the outside. You can see the rough-ins are complete, and it really just needs some finishing touches on the exterior. As we come inside, it even has a great design. It’s a three-bedroom, two-bath home, but it still has plywood and OSB subflooring, so it needs flooring installed. The rough-ins are complete, and there are some fixtures, like the toilets, but many things have been left unfinished. The vanities haven’t been installed yet. This would be the primary bedroom.

When we go to the other side of the house, it’s a little less complete. The owner had to break some concrete and add support to the foundation. These are the other two bedrooms, and you can see they’re still just framed. The concrete has been opened up, and there are temporary supports in place to hold the structure together while the foundation work is being completed. The bathroom is completely unfinished. There are leftover materials, breaker panels, and several items that still need to be completed.

The project is in good shape and well on its way, but it isn’t finished, and there are still some major items left to complete. This investor just doesn’t have the time, the money, or the patience to deal with the project anymore. He doesn’t live close enough to make it convenient to keep coming back and checking on the progress.

He decided he’d done enough and was ready to let it go. He also has an investor loan that’s coming due, and he needs to pay it off before things become more difficult.

So what did he do? He went to HomeBuyerLouisiana.com and told us about the property. I’m here assessing it to make sure it’s exactly as he described, and honestly, it is. The work that’s been completed looks great, but the unfinished portions will still require time, money, and effort.

I think the biggest challenge for this owner is that the loan is coming due, and with the property being so inconvenient to manage, time is really of the essence for him to sell the house fast.

Go to HomeBuyerLouisiana.com and tell us about your property. It can be severely distressed like some of the other homes we’ve featured, or it can be like this one. This could become someone’s dream home once it’s finished, but we’re willing to buy it exactly as it sits. We’ll buy it unfinished, with the leftover materials, with the major projects still remaining, and even with the concrete split open in the back. We’ll buy it as-is for cash as quickly as we can so the owner can pay off that loan and sleep better at night.

Whether your property is unfinished or distressed, whether you’re in New Orleans, Gonzales, Destrehan, LaPlace, or anywhere else, go to HomeBuyerLouisiana.com. Tell us about your property, explain your situation, and let us know why you need to move on from it. We’ll come take a look and help free you from that headache property.

Selling a house in Gonzales?

If you own a property and are selling a house in Gonzales that needs repairs or you’ve decided to walk away from an unfinished renovation, Home Buyer Louisiana can help. We regularly work with homeowners and investors throughout Gonzales, Prairieville, Sorrento, and nearby communities across Ascension Parish, and Baton Rouge. Whether your project stalled because of financing, time, or unexpected construction costs, we buy houses as-is so you don’t have to finish the work before selling.

We also buy houses across Greater New Orleans, Baton Rouge, Lafayette, the Northshore, the Mississippi Gulf Coast, and surrounding communities, helping homeowners find practical solutions for a wide range of selling situations.