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Updated over 9 years ago,
What do you guys think?
Hello everyone,
I'm going to look at a potential flip on a 3 bed 1 bath tomorrow.
I know that you guys can't give me a answer without knowing a lot of things like the local market etc... but I just want to post this to see what everyone thinks.
The property was shown to me by a wholesaler. Offered at around $170k
ARV is around $250k with comps that range from $252k-260k
The rehab budget estimate is around 20k but honestly I would say more like 30-35k
What do you guys think? To me it looks like a great deal!
Basement is unfinished and thought of adding another bath as well.
Thanks in advance for taking the time to read my post.
Happy investing everyone!
-Kyle Evans