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Updated almost 7 years ago on . Most recent reply

Avery Mshawn's profile image
Avery Mshawn's profile image
Avery Mshawn
  • from Kansas City, Missouri
  • Member since Jul 20, 2015
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Avery Mshawn's profile image
Avery Mshawn's profile image
Avery Mshawn
  • from Kansas City, Missouri
  • Member since Jul 20, 2015
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Avery Mshawn
  • Kansas City, MO
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Buying & Selling Real Estate

My first deal maybe...

Avery Mshawn
  • Kansas City, MO
Posted

In the process of sealing a contract with the owner of a duplex (4 bd 2 bath). Asking price was 135000. Rent can go up to 700-800 (current tenants pay 670). I offered 125000 and seller agreed. I have a private lender willing to fund me for 150000 5% interest. ARV is 140000. Repair estimate 5-9k. Should I attempt to BRRR or wholesale this deal?

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