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Updated over 10 years ago, 09/22/2014
First Deal Need Help
Hi BP Community Need your help! First Deal on the table (YEAH!!!) Trying to not have the Analysis Paralysis the deal looks like this:
Condo, 2/1, 1174 sq ft $8 per sq ft
Free and Clear
ARV $26,300
Asking 18k
Avg Comps in area sold for $36,800
Rentals in area Avg $758
Condo Fees $220
Seller has done 85% of all repairs already.
Is this a good deal? One other thing all comps are 2/2 or 3/2 does that play a role in this being a good deal or not? HELP BP