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Updated over 4 years ago, 05/05/2020

Valerie Lopez's profile image
Valerie Lopez's profile image
Valerie Lopez
Pro Member
  • Rental Property Investor
  • from El Paso, TX
  • Member since Jul 29, 2018
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User Stats

34
Posts
12
Votes
Valerie Lopez's profile image
Valerie Lopez's profile image
Valerie Lopez
Pro Member
  • Rental Property Investor
  • from El Paso, TX
  • Member since Jul 29, 2018
Connect
Valerie Lopez
Pro Member
  • Rental Property Investor
  • El Paso, TX
12
Votes |
34
Posts
Buying & Selling Real Estate

A $175K property for $60K, would you buy it?

Valerie Lopez
Pro Member
  • Rental Property Investor
  • El Paso, TX
Posted

If you had an opportunity to get a property for $60k that current tax assessment is $175K and once renovations are completed could be worth over $200K because of the area:

Would you buy it? 

If it would completely deplete your reserves, should you buy it and why?

What would be your next steps?

  • Valerie Lopez
    • 0 Votes
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