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Updated over 8 years ago on . Most recent reply

User Stats

36
Posts
5
Votes
James Gilpin
  • Grand Rapids, MI
5
Votes |
36
Posts

I Think I Have A GREAT Deal. Help!

James Gilpin
  • Grand Rapids, MI
Posted
Hi All! Here are the numbers... Price: $46,000 Rehab: $40,000 (Top End) ARV: $120,000 (Low End) 3 units all 2 bed 1 bath. One building is upstairs/downstairs. Separate unit is at the back of the property. Not classed as two parcels though. Once renovated should gross rent $2300 on low end and will only rise significantly as the area is in total revamp and booming. May need some help on getting all the money but want to know thoughts on if it's a deal?? Thanks!

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