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Updated over 1 year ago,

Beau Alesi's profile image
Beau Alesi's profile image
Beau Alesi
  • Member since Sep 14, 2019
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75
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9
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Beau Alesi's profile image
Beau Alesi's profile image
Beau Alesi
  • Member since Sep 14, 2019
Connect
Beau Alesi
9
Votes |
75
Posts
Rehabbing & House Flipping

Buying Short Sale

Beau Alesi
Posted

Having a contract worked up for a short sale.

The proposed value is $425K( if even accepted by bank) and the house is worth about $675 as it and with about $100k put into it roughly $850k.

The problem is the house has (4) tenants in it so I guess flipping it could be an issue if the tenants don't leave.

Any thoughts??? Thanks

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