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Updated almost 9 years ago on . Most recent reply

User Stats

25
Posts
3
Votes
Ariel Deleon
  • Investor
  • Gilbertsville, PA
3
Votes |
25
Posts

Deal or Flop?

Ariel Deleon
  • Investor
  • Gilbertsville, PA
Posted

Hi guys,  

I have my first potential flip under contract and I'm in the process of procuring financing for it.  Can you please look it over and let me know if it's a good deal?

Thanks,

Ariel

https://www.biggerpockets.com/calculators/shared/439722/889901b9-51a1-4d98-84d7-b3a7d5d5a562    

Most Popular Reply

User Stats

25
Posts
3
Votes
Ariel Deleon
  • Investor
  • Gilbertsville, PA
3
Votes |
25
Posts
Ariel Deleon
  • Investor
  • Gilbertsville, PA
Replied

I have a contractor bid for the rehab numbers.

I put the ARV slightly higher than the 2 sold comps @ 75k due to the area it's in per my realtor that I'm working with. I've lowered it to 75k now on the analysis sheet to be more accurate.

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