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Updated over 17 years ago on . Most recent reply

Claudette K.'s profile image
Claudette K.'s profile image
Claudette K.
  • Virtual Assistant
  • from NORTH CAROLINA
  • Member since Jan 6, 2008
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Claudette K.'s profile image
Claudette K.'s profile image
Claudette K.
  • Virtual Assistant
  • from NORTH CAROLINA
  • Member since Jan 6, 2008
Connect
Claudette K.
  • Virtual Assistant
  • NORTH CAROLINA
4
Votes |
99
Posts
Real Estate Deal Analysis & Advice

Newbie needs HELP Will this worK....

Claudette K.
  • Virtual Assistant
  • NORTH CAROLINA
Posted

Possible 1st rehab deal...

Single family in Orange, NJ
ARV: 220,000
REPAIRS: 25,000
OFFER: 130,000

Will use hard money: 16% & 7 points [my credit is shot]. If my calculations are correct new profit would be around $40K

Does this look and sound correct.

Any assistance would be greatly appreciated. Glad to part of this community.

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