Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 16 years ago,
Potential deal on 2 bed/1 bath
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?