Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

53
Posts
13
Votes
Hiren Patani
  • Realtor
  • Houston, TX
13
Votes |
53
Posts

Deal or No deal on townhome

Hiren Patani
  • Realtor
  • Houston, TX
Posted

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

  • Hiren Patani
  • Loading replies...