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Updated almost 8 years ago on . Most recent reply

Alex Friesen's profile image
Alex Friesen's profile image
Alex Friesen
  • from Toronto, Ontario
  • Member since Apr 23, 2017
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Alex Friesen's profile image
Alex Friesen's profile image
Alex Friesen
  • from Toronto, Ontario
  • Member since Apr 23, 2017
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Alex Friesen
  • Toronto, Ontario
1
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11
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Buying & Selling Real Estate

I think I've found a deal. Please HELP.

Alex Friesen
  • Toronto, Ontario
Posted

I live in Toronto and I've found 2 houses 3 houses apart from each other, but at a $300K price differential. Is the less expensive one a deal? How can I find out?

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Christopher Phillips's profile image
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Christopher Phillips
  • Real Estate Agent
  • from Garden City, New York
  • Member since Nov 14, 2016
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Christopher Phillips's profile image
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Christopher Phillips
  • Real Estate Agent
  • from Garden City, New York
  • Member since Nov 14, 2016
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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
Replied

@Alex Friesen

All investment decisions are based on running the numbers. It's never anything else.

Post the numbers and people will chime in. What are you going to do with them? Rent them out? Flip them? Live in them? Purchase price, Rehab, closing costs, expenses, cash flow, etc.

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