Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 14 years ago,

User Stats

82
Posts
1
Votes
Brandon Pearsons
  • Investor
  • Oroville, CA
1
Votes |
82
Posts

First Deal Sugguestions Short Sale

Brandon Pearsons
  • Investor
  • Oroville, CA
Posted

There is nothing around here in Northern California that meets the 2% rule. This is as close as it gets.

The details
-The bank counter is 119k
-Rents for 1k-1100 per month
-Built in 2004
-1500 sq ft 3/2

Financial:
-25% down

(+)'s
Good neighborhood and surrounding area
Newer home so hopefully not many repair
Some Curb apeal
-Good size

(-)'s
-Tiny lot (backyard maybe 6 foot long)-
-The builder put a lot of these home in one area so the
street is one lane
-low end fixtures etc, not the best layout.

Goals:
Some Cash flow
Solid Investment
Appreciation

Photo: (Tan colored house)

Loading replies...