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Updated over 9 years ago on . Most recent reply

User Stats

1,000
Posts
101
Votes
Shawn Connors
  • Downingtown, PA
101
Votes |
1,000
Posts

Wholeslae to Buy and Hold investor

Shawn Connors
  • Downingtown, PA
Posted

Hey BP,

I made an offer to a seller who is very motivated. She has another investor coming to look at her house tonight ,so I will know later if she is going to accept or not. I will be flipping this deal to a buy and hold investor. Here are the numbers...

Estimated ARV- 95k-105k

Estimated Repairs- 25k-28k

Gross Monthly Rent- $1150-$1250

Purchase Price- 48k (Buyer will pay all closing costs)

Property Taxes - $3278

Estimated Insurance - $1300-$1400

Let me know what you think??? Thanks!

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