Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
btn_google_dark_normal_ios Created with Sketch.
Continue with Google
Continue with Apple
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
General Real Estate Investing
BiggerPockets Exclusive PRO Area
PRO
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Mobile Home Park Investing
Innovative Strategies
Land & New Construction
Multi-Family and Apartment Investing
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing
Personal Finance
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation
Foreclosures
1031 Exchanges
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing
Andrew Martin's profile image
Andrew Martin's profile image
Andrew Martin
  • from Brooklyn, NY
  • Member since Jul 23, 2013

User Stats

14
Posts
0
Votes
Andrew Martin's profile image
Andrew Martin's profile image
Andrew Martin
  • from Brooklyn, NY
  • Member since Jul 23, 2013
Andrew Martin
  • Brooklyn, NY
0
Votes |
14
Posts
Real Estate Deal Analysis & Advice

Distress Deal in Upstate New York

Andrew Martin
  • Brooklyn, NY
Posted

Hello BP,

I just closed on my first rental property and now I came across a deal for a 2 bed 1 bath home 981 sq ft built in 1910. the place is boarded up and they are selling it for 7k. I am going to go in with a low ball offer because the value of the place when fixed is no more than 20k. I am thinking it might be best to assign the contract to a rehabber. I am going in with a 2k offer. Do you think this deal would be good for assignment?

All advice is appreciated.

0 Votes
Follow
2 Replies
Jump to Last Reply
Log In or Sign Up to Reply
Sort By:

Loading replies...