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Updated over 3 years ago on . Most recent reply

Colin Ferek's profile image
Colin Ferek's profile image
Colin Ferek
  • from Strongsville, Ohio
  • Member since Sep 28, 2016
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5
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1
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Colin Ferek's profile image
Colin Ferek's profile image
Colin Ferek
  • from Strongsville, Ohio
  • Member since Sep 28, 2016
Connect
Colin Ferek
  • Strongsville, OH
1
Votes |
5
Posts
Buying & Selling Real Estate

I’m freaking out about this offer!

Colin Ferek
  • Strongsville, OH
Posted

My offer was accepted on a beautiful quad last week. I’ve been house hacking 4 years which has allowed me to save 25% for the down payment. Cash flow on the quad is 800 a month if my numbers are correct. This property definitely needs 10-20k in rehab that I can see. Fully occupied. Rents are under market. Basically, I need a push/suggestions. I’m having a hard time fathoming parting with the cash. 

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