Would you do this Deal?

[Timothy Greene]

The house is 1,400 SF a 3/1 in capital view. Purchase price is 130k needs about 80k in rehab including a 200-300 SF addition and adding a bath. The ARV is 265k. Thoughts???

Thanks,

Tim

[Rick Baggenstoss]

@Timothy Greene  Why would a Networth Realty Agent, a high volume wholesaler, ask for investing advice?  If you mean to sell the property, why not just post it in the Marketplace?

Your ARV and rehab costs are best case. Purchase price is $30k+ on the high side depending on the street and house. Keep us informed as to what you do and your numbers. It would be great to see Networth eat their own dog food and show us how it's done.