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Updated about 3 years ago on . Most recent reply
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whats considered a "good deal"?
Hi All,
Let's say I've identified that Im looking for a certain type of property in a certain area, I start my search and I see all the properties in front of me, what should I look for and say aha this is the one, this is a good deal as oppose to the others? (lets say my strategy is the buy- rent- hold- refinance)
Most Popular Reply
Which one checks all of your boxes? Meets all of your investing criteria? Criteria might include absolute cash flow in dollars; cash-on-cash return; equity captured in dollar or percentage terms; minimum property age; maximum rehab; cosmetic rehab only or some majors ok; location; square footage requirements; configuration 3/2/2, or 3/1/2, or 3/1/0 or etc...