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Updated almost 7 years ago,
Help analysing a deal - wholesale, fix and flip, or rental deal
Greetings,
I'm relatively new to bigger pockets but have been investing in real estate for about 3 years. Currently looking at the following deal.
Single family home 4 Bed 3 Bath 1900 finished sq ft. 2 Car garage, 500 unfinished storage and laundry room. Ranch with basement.
House needs - New furnace, new flooring or carpet in basement, and some other cosmetics minimum - $10k to $15k repair estimate
Potential rent in my market would be $1,800
I could also put a little more into the home and flip it. ARV would be between $350,000 $365,000 depending on level of finishes.
I could also potentially wholesale the deal for $325,000
Rental, Retail, and Wholesale market is strong in Fort Collins, CO.
What would be a good cash offer to make. Home is not currently on the market.
Thanks for any input.