Deal in Savannah, GA, but has a pool......

[Trudy Pachon]

Hi all,

I'm a new and basically don't know what I don't know! I thought we had found a decent property. We just put it under contract. It's a VA foreclosure in Savannah GA. We are going to keep it as a rental. The area seems to be appreciating and it cash flows slightly according to my numbers.

Here's a breakdown.

Purchase price

Year of home: 1994

Price: 106k

rehab costs: 25k

arv 150-160k

rental 1400

But the really bad part is the home has a pool. I don't want a pool. It is nice marcite pool, but again, I really don't want it. I think with pool removal, it's going to be too expensive. But maybe not.  

What do you all think if this?

Second question, do you think it's possible to remove the pool for under 5k? If so, can you give me the name of someone who might be willing to do this work for us if we decide to move forward? Any help much appreciated!

Thanks so much!