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Updated about 16 years ago on . Most recent reply

Josh Layhue's profile image
Josh Layhue's profile image
Josh Layhue
  • Real Estate Investor
  • from Erie, Pennsylvania
  • Member since Feb 20, 2008
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User Stats

38
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4
Votes
Josh Layhue's profile image
Josh Layhue's profile image
Josh Layhue
  • Real Estate Investor
  • from Erie, Pennsylvania
  • Member since Feb 20, 2008
Connect
Josh Layhue
  • Real Estate Investor
  • Erie, PA
4
Votes |
38
Posts
Real Estate Deal Analysis & Advice

Potential deal on 2 bed/1 bath

Josh Layhue
  • Real Estate Investor
  • Erie, PA
Posted

I'm looking to get advice on the following potential deal:

2 bed/1 bath
Asking $32k
Needs about $3k in repairs
Will rent for at least $625/month
Currently vacant

I'd say the market value is closer to $45k-$50k. It's a foreclosure so I'm sure it will be bought "as is".

Any thoughts?

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