Thoughts on this home

[Mark Wainscott]

Home details 3Bdr 3 bath single story ranch with around 3448 sq feet. Has a in ground grunite pool, privacy fence and sits on about an acre of land. 2 1/2 car garage attached.  It was a recent foreclosure.  The guy who bought it now is asking 129,900.00  with out repairs or said he can do the repairs.

It was previously listed on the market about a year ago at 164k.  quick comps from realtor.com puts it at 113k now and zillow with about 170k.

The seller states it needs some updates Kitchen and bath updates, also says it does have a leaky roof on an addition where the skylights where not installed right. Im going to go physically look at it tonight, but wanted some rough ideas how to approach it or even how to put a good offer in.  Any advise or tips is appreciated.   By the sounds of it this guy may be a flip and fix guy.

Will be my first deal, I want to fix and hold for a rental if not occupy it myself for 3-5 years.