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Updated about 4 years ago on . Most recent reply

Joseph Savant's profile image
Joseph Savant's profile image
Joseph Savant
  • Rental Property Investor
  • from Fayetteville, NC
  • Member since Jan 17, 2021
  • Posts 3
  • Votes 0
  • Experience 2 Yrs
  • Investments 1
Connect

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3
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Joseph Savant's profile image
Joseph Savant's profile image
Joseph Savant
  • Rental Property Investor
  • from Fayetteville, NC
  • Member since Jan 17, 2021
  • Posts 3
  • Votes 0
  • Experience 2 Yrs
  • Investments 1
Connect
Joseph Savant
  • Rental Property Investor
  • Fayetteville, NC
0
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3
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Need advice on my first rental buy

Joseph Savant
  • Rental Property Investor
  • Fayetteville, NC
Posted

I am look at this small 3bed 1 bath module home built 1995. It’s trashed and need a lot of work but they are asking way too much for it. They are asking 29,900 but I think I would only buy it for 15,000. My question is, is it worth it to rehab a module home and can it be refinanced the same as a normal home?

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