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Updated 8 months ago on . Most recent reply
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Advice on a Bundle Deal
BP family! I need advice or assistance on how I should go about this Bundle Deal of distressed properties I just came across.
The bundle includes 13 properties (all single-family) that all add up to $407,150 and all but possibly 2 are not in shape to be rented out and would need rehab done to it. However probably half only need a little lipstick work if inspections come out on the better side. The seller is only trying to get around 200k to 210k for the entire package. My only worry is will they all be worth the amount of rehab that will be needed and will they even increase in value enough to make this deal even be worth the time is could take and money.
However if could work then I am definitely looking for JV partners as soon as possible!