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Updated over 8 years ago on . Most recent reply

Danny Herrera's profile image
Danny Herrera's profile image
Danny Herrera
  • from Southern Pines, North Carolina
  • Member since Aug 4, 2016
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Danny Herrera's profile image
Danny Herrera's profile image
Danny Herrera
  • from Southern Pines, North Carolina
  • Member since Aug 4, 2016
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Danny Herrera
  • Southern Pines, NC
1
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4
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Starting Out

Help with Property Analysis

Danny Herrera
  • Southern Pines, NC
Posted

Hey guys this is my first post on this site and I am tremendously excited to start investing! 

I live in Southern Pines, NC and I am looking at a 2bd 2Ba 1000 sq ft condo listed at $119K. The other condos in the place are being listed from $140k to $165 for 2bd/2ba at 1200 Sq ft. I asked my realtor why the low price and the previous owner owes $119k and is trying to leave the area. This condo is on a golf course and is rented out to people for $800-1300/month. Any thoughts on this so far?

Thank you

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