Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Charlotte Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

66
Posts
56
Votes
Harry Marsh
  • Investor
  • Charlotte, NC
56
Votes |
66
Posts

How do ya'll value a subject 2?

Harry Marsh
  • Investor
  • Charlotte, NC
Posted

How much would you pay?

$100k house.  Mortgage = $500/month, value = 1000-1100 per month
Lets say market value = what you're subject to'ing (to make it easy)

Of course, 100 other factors come into play, but does anyone have a ball-park idea?
I seem to pay more than others....and happy to do so.  Lets assume you're paying the wholesaler for the deal.  Other than 'as cheap as possible', what do you see as reasonable numbers for such a deal?

It's easily cash flowing $500/month.

Most Popular Reply

User Stats

112
Posts
66
Votes
Scott Patterson
  • Flipper/Rehabber
  • Charlotte, NC
66
Votes |
112
Posts
Scott Patterson
  • Flipper/Rehabber
  • Charlotte, NC
Replied

yes, i think 5k is reasonable, i would want to recover my outlay in 2 years, but I would value after expenses about $300/ month and would assume i would have to improve for about 2-4k to get rent ready.

I would also consider how old the loan was and therefore the loan pay down rate

Loading replies...