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Updated over 5 years ago,

User Stats

5
Posts
2
Votes
R Mendoza
  • Specialist
2
Votes |
5
Posts

Help Analyzing this deal for me

R Mendoza
  • Specialist
Posted

I came a cross a deal

ARV 150k On the low side can be more like 175k

3bed 2 bath 1471 sq ft

Asking 99k

Rehab 60k

My offer will be 70k (is that to high?)

Looking to get a hard money lender. Not sure rate yet.

Maybe will brrrr if numbers add up which I don’t think they will bc rent in the area wouldn’t be more the $1500 a month but my taxes will be $4800 a yr.

Or wholesale to a contractor that flips

What are you thoughts? Ideas? Something I’m missing?

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