Is this a deal-newbie here

[Rhonda C.]

Home in need of total rehab (not sure how much that costs for a 4/2.75). Bones are good.

Selling for 150K under Zestimates of ALL homes in the vicinity (awesome location)

Seller requires cash or rehab loan money only.

Is this a deal considering I am a newbie and will make some mistakes?

[Alicia Cox]

Depends on your exit strategy. A total rehab project would not be a good idea to take on in the beginning of your investing career unless you're a contractor. I would put the house under contract offering all cash for as low as I can get it and wholesale to another experienced investor for a quick $10,000 or more.

My advice..don't get too caught up in the details, you're question should be, "Can I Steal It?"