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.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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 about 2 years ago on . Most recent reply

User Stats

37
Posts
19
Votes
Ace Goodrich
  • Phoenix Metro, South Florida
19
Votes |
37
Posts

What would a buyer want to see in this deal?

Ace Goodrich
  • Phoenix Metro, South Florida
Posted

Hi BP community! 

This is the first investment I've done and it's currently pending offer acceptance.  Although I would love to handle the management on this (the cash flow alone is nearly $50K a year) and  the property is recently renovated and in very good shape, the right buyer will come along.


My question is: What questions would a buy&hold and-or BRRRR buyer ask to make sure this is a good deal for them?


Property Info:

Single-family residence buy & hold, long-term month to month tenants investment.

Purchase price: $590,000

Duplex 2/1 + 2/1  1500+ sq ft. Single story, parking for up to 6.

What made you interested in investing in this type of deal?

Cashflowing first investment in a neighborhood poised to appreciate.  

How did you find this deal and how did you negotiate it?

Thru a local agent who uses OneHome portal.

How did you finance this deal?

Private lender

Thank you in advance!

Loading replies...