Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 about 9 years ago on . Most recent reply

User Stats

50
Posts
10
Votes
Hiren Patani
  • Investor
  • Houston, TX
10
Votes |
50
Posts

Deal or No deal on townhome

Hiren Patani
  • Investor
  • 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...