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Updated over 15 years ago,

User Stats

42
Posts
2
Votes
Brett O
2
Votes |
42
Posts

Take a look at this deal

Brett O
Posted

Here is the house I'm looking at.

It is listed at $35,000. It needs about $10,000 of rehab. It will rent for $700 per month after rehab.

I think I can get an offer of $30,000 accepted by the seller. If I do get accepted for 30K on the house will a bank loan me 40K so I can fix the house up?

Will my 40K investment be worth it pulling in $700 per month in rent?

Nice looking house huh...
:mrgreen:

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