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Updated over 8 years ago on . Most recent reply

User Stats

97
Posts
24
Votes
Kedian Jimenez
  • Specialist
  • New York City, NY
24
Votes |
97
Posts

Offer analysis

Kedian Jimenez
  • Specialist
  • New York City, NY
Posted

Hey I'm currently negotiating a deal for a property in Port Jervis, NY 12771. The sold properties around the area seem to leave an ARV around 270k-280k. Medium repairs need around 35k (bathroom update and redo, floor, cosmetic, shrubbery on many acres, etc). What would be a great price to get it at as a flipper since this would be my first flip. Also margins as a wholesaler would be great as that leaves me with multiple exits.

i was thinking somewhere around 150-170K

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