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Updated about 9 years ago on . Most recent reply
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Deal or No deal on townhome
Hello Y'all,
It's a off market deal in Houston, TX for a townhome. Year build 2006, 3bed/3.5 bath. 3 stories.Area: 2100 sq.ft
Asking Price: $325K
Repair cost: $25K
ARV: $410K.
Is this a good buy? If so, should I fix and flip or hold (rent it out).
Also I do have 20% money of asking price? How doI get remaining funding? What are my options here?
I'm competing against cash buyers, hard money, conventional buyers.
All the help greatly appreciated.
Thanks,
Hiren