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Updated about 7 years ago on . Most recent reply

User Stats

409
Posts
362
Votes
Donald S.
  • Accountant
  • Saint Louis, MO
362
Votes |
409
Posts

View only on accepted offer?

Donald S.
  • Accountant
  • Saint Louis, MO
Posted

I'm looking at a property that has great numbers based on my estimates, but no pictures of the place, and very little description. The seller won't allow viewing without an accepted offer (I'd make it contingent obviously). My question is, since I'm new is it worth it to make an offer based on my numbers projection alone? The property is being offered at about 50%ARV.

I've analyzed it as a flip and brrrr, and they both look good with conservative estimates. 

Thoughts? This would be my first rental property.

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