Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Real Estate Deal Analysis & Advice
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 over 17 years ago,

User Stats

1,338
Posts
586
Votes
Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
586
Votes |
1,338
Posts

Tiniest/weirdest house on the block

Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
Posted

Now if the numbers worked, would you pursue a house VERY different from all those in the neighborhood? It would probably resell as the cheapest smallest house in town, and the layout is kind of bizarre due to it having been made disabled accessible. I would have to alter the layout some. My numbers look like this:
125 ARV
40 rehab
I'd like to offer 35k. The deal is little, but the numbers work, and at that price I can just buy and rehab cash. BUT its a really small house - 800 sq ft -2/2. The other houses are all much larger with prices at 200 - 250 plus.
The house is an anomaly for the neighborhood. Am I looking at a big no-no?

Loading replies...