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Updated about 9 years ago,

User Stats

21
Posts
2
Votes
Katherine Waddell
  • Educator
  • Charlotte, NC
2
Votes |
21
Posts

I saw a deal... I think

Katherine Waddell
  • Educator
  • Charlotte, NC
Posted

I am on a few people's email lists for real estate information. One of the emails that came in today seemed like a nice deal. I may have be romanticizing about it, but then what has happened to me for so many years happened again today, I was at a loss. I didn't know what to do next so I came to the forum to write about it. Here is the deal and I suppose a little guidance on what I should do next is what I am looking for. See below:

Cute 1960 ranch on nearly one acre in Nevin Community, 1,260 sqft, 3 Bed/1 Bath, lots of mature trees, close to RibbonWalk Nature Preserve, Minutes to I77/I85 and Uptown. Lots of potential with this one.

Median Rent: $875

Estimated Rehab Cost: $13k

Zillow Zestimate: $101k

ARV: $95k-$100k

ASKING $57,000

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