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Updated over 8 years ago, 04/04/2016
Killeen area Opportunity
I have two homes in Killeen still and a seller found my phone from a rental listing wanting to sell their home fast. Would you consider this a good deal in Killeen/Belton/Temple/Harker Heights/Copperas Cove area?
1995 build, 3/2 with a loft (could be a 4th bedroom)
ARV is $225k - South of stan schleuter in newer developments.
Rents for $1000-1100
Repair for rent - $4k
Repair for flip - $15k
Purchase price $75,000
Which exit strategy would you exercise and why - Wholesale, Rent, Fix/Flip?