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Updated almost 9 years ago,
wholesaling turnkey rental help!!!
I got a call from a mailing I did and the subject house is located in a pretty nice area. It's already rented but the lease is up soon. It needs paint and carpet and the rents could be raised maybe 100-150 from the current 1450 . Retail is about 190k I probably could get it for 175k maybe 170k. Can I market this as a turnkey rental? Do people who buy Turnkey rentals always get financing to make money? I'm at a loss but I don't want to lose money if I can do something with this. Thanks.