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Updated almost 14 years ago,

Michael Stole's profile image
Michael Stole's profile image
Michael Stole
  • Real Estate Investor
  • from Ottawa, Ontario
  • Member since Jan 16, 2011
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User Stats

217
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14
Votes
Michael Stole's profile image
Michael Stole's profile image
Michael Stole
  • Real Estate Investor
  • from Ottawa, Ontario
  • Member since Jan 16, 2011
Connect
Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
14
Votes |
217
Posts
Buying & Selling Real Estate

Is it a good deal?

Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
Posted

Sold 300k as new construction in 2007, current market value for a similar ready-to-move-in house is probablly 150k. severely damaged, selling for 60k, rehab cost 45k-50k (need all the repair work, a big conern to me). Rent around 1.6k-2k. Is it a good deal? :roll:

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