renovate house

I am buying a solid brick, perfect-exterior house. The inside is crap, ruined walls, old plumbing, fuse box, no insulation. Is $50,000.00 (I think it’s overkill based on what I’ve read) enough to tear down the walls, insulate, wire (200 amp), plumb (PVC / copper), and build back up the walls?
The house is huge – two floors (main and upper level) and about 2200 square feet TOTAL (top and bottom floor).

Thank you so much everyone. The house is cheap because the inside was let go. It saddens me the way these old majestic homes are neglected and end up this way. The outside structure will be sound for centuries.

Passive Income

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