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Updated about 11 years ago on . Most recent reply

User Stats

36
Posts
0
Votes
MARK MONTANO
  • Investor
  • Great Falls, MT
0
Votes |
36
Posts

Does this look like a good deal?

MARK MONTANO
  • Investor
  • Great Falls, MT
Posted

Hey B.P. I was wondering if I can get some input into my situation. I'm at the beginning of my Real Estate Investing career and I may have a good opportunity here. The agent I'm working with is a part time Investor herself so I trust her judgment. She showed me a single family home that needs a lot of work. We both have an ARV estimate of $130,000 for the property. One of my potential cash buyers is a buy and hold investor and is willing to look at anything I have on contract. The property isn't listed in zillow, redfin, etc. The owner would take $46,000. I was thinking to wholesale for $56,000 to my end buyer who does her own rehabbing. Any thoughts ideas or suggestions are welcomed! Thank you.

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