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Updated about 9 years ago,
I saw a deal... I think
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