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Updated over 5 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Anthony Mcnair
2
Votes |
13
Posts

need some experienced opinions

Anthony Mcnair
Posted

Had a walk through on a property and the owner wants 200k will not budge on that, the house has a indoor pool! needs work also the rest of the house needs work. the house needs about 80k in repairs my gut says no deal here but maybe someone with more experience may have some knowledge and or exp. in this situation and can share on what they did and or what they would do

Most Popular Reply

User Stats

33
Posts
87
Votes
Dillon Y.
  • Realtor
  • Cherry Hill, NJ
87
Votes |
33
Posts
Dillon Y.
  • Realtor
  • Cherry Hill, NJ
Replied

@Anthony Mcnair Can you provide more detail about the deal? Do you know ARV, etc.? Do the numbers pencil out on paper, and is the sticking point some sort of instinctual response that is bugging you?

will say that a pool, indoor or outdoor, in a rental property will scare away 9/10 investors in my experience...

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