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Updated over 9 years ago on . Most recent reply
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Wholeslae to Buy and Hold investor
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!