Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago,
Is this a deal worth pursuing?
4 Bed 2.5 bath 1646 square feet and 6,900 square feet lot. Home needs about $40,000 worth of work. The ARV is around $140K and new construction is around $200K. It is not in a war zone. Seller wants $63K. Even with all the work that is needed, there is currently a renter occupying the dwelling.
With the lot size does this sound like an attractive deal?