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Updated over 6 years ago,
I Need help analyzing and financing my first deal
I have recently talked to a property owner of a home in the Philadelphia area and her asking price is 130k. The property is a three bedroom two full bathroom corner house that is a little outdated. The property’s roof has been serviced recently and all of the electrical work has been done. My question is what should my target price be to get it under contract and how should I go about financing a buy and hold deal without much money. Any and all suggestions are helpful and the property itself is in a good location of Philadelphia. Thank you all in adavance for any advice received.
-Byron Kearns