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Updated about 16 years ago on . Most recent reply

Marc Dube's profile image
Marc Dube's profile image
Marc Dube
  • Involved In Real Estate
  • from Exeter, New Hampshire
  • Member since Jan 6, 2009
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Marc Dube's profile image
Marc Dube's profile image
Marc Dube
  • Involved In Real Estate
  • from Exeter, New Hampshire
  • Member since Jan 6, 2009
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Marc Dube
  • Involved In Real Estate
  • Exeter, NH
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Real Estate Deal Analysis & Advice

Is this a deal? Or am I wasting my time?

Marc Dube
  • Involved In Real Estate
  • Exeter, NH
Posted

I'm wondering if you can point me in the right direction. I have a SFR in Maine that can be purchased for 50k. Needs 40-45k in rehab. ARV is 135-140k. Is this a deal? Bank owned property. The contractor doing the work does great work but I'm wondering if there is just too much work required on this one. I also can't seem to find financing on it. Maybe because the numbers are too tight?

Any advice? Who might I ask for financing on this sight? I don't know anyone on the site and am afraid to do this without knowing them first...thanks
marc

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