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Updated over 7 years ago,

David Scheuring's profile image
David Scheuring's profile image
David Scheuring
  • Investor
  • from Telford, PA
  • Member since Jan 28, 2017
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David Scheuring's profile image
David Scheuring's profile image
David Scheuring
  • Investor
  • from Telford, PA
  • Member since Jan 28, 2017
Connect
David Scheuring
  • Investor
  • Telford, PA
0
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14
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Commercial Real Estate Investing

Would you do this deal

David Scheuring
  • Investor
  • Telford, PA
Posted

Have a deal that I want to make several offers on.  Here are the details

Arv is 450,000

Repairs are 120,000

70% rule yields an offer of 195,000

The house if owned free and clear.  If they hold a mortgage and note during renovations with no interest or payments until the house is sold, would you offer more - in the 230,000 range?

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