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Updated over 8 years ago on . Most recent reply

Cesar Lopez's profile image
Cesar Lopez's profile image
Cesar Lopez
  • Rental Property Investor
  • from Brooklyn, NY
  • Member since Jan 11, 2016
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Cesar Lopez's profile image
Cesar Lopez's profile image
Cesar Lopez
  • Rental Property Investor
  • from Brooklyn, NY
  • Member since Jan 11, 2016
Connect
Cesar Lopez
  • Rental Property Investor
  • Brooklyn, NY
0
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23
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Real Estate Deal Analysis & Advice

SFH in Rough Area of Philly

Cesar Lopez
  • Rental Property Investor
  • Brooklyn, NY
Posted

Came across a opportunity and need a little advice.   Purchase price is 18k. Needs about 10-13k in rehab (mostly because there is a slight mold problem). Rents are roughly 900-1000 a month.  It seems like a decent investment. I'm just concerned with the area. It's not in the heart of the rough neighborhood. More along the outskirts... but it's close enough.  Wanted to hear people's opinions on the opportunity.

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