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Updated over 1 year ago,

User Stats

9
Posts
7
Votes
Melanie Nelson
  • Homeowner
  • Santa Fe Springs, CA
7
Votes |
9
Posts

[Calc Review] Help me analyze this deal

Melanie Nelson
  • Homeowner
  • Santa Fe Springs, CA
Posted

First time trying these reports, and I'm not sure I understand everything in them... but to me I THINK this could potentially be a good deal for a BRRRR. Our goal is to start investing to create cashflow for retirement, and we are looking for our first property. Any feedback? Only downside I see so far is it's more than 2% invested, and we don't know the full scope of renovations needed yet (side note, how does one do that? Do you bring a contractor with you to look at it?? lol. Or make an offer first and rely on a home inspection and then take that to the contractor).

Google street view makes the street/area look pretty nice, area has a lot of growth too. Zip is 48214

View report

*This link comes directly from our calculators, based on information input by the member who posted.

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