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Updated about 8 years ago,
First deal Advice, and need assistance in how to evaluate.
Good evening everyone,
I would love your advice. I'm still fairly new into investing, and I have not done any deal yet, but educating myself for the past 7 months reading, studios, videos etc..., and I listen to the podcast and read the forums. There is a lot of great info for beginners. I'm hoping to hear great feedbacks. I want to have my first deal, but I don't want to make any unnecessary mistakes. This is an off market deal someone is trying to offer me, and I would love to hear what you guys think. Thanks!!
3 bed 2 bath 1,732 SqFt
Dallas Tx, 75238
Built 1979
•ARV: $185K
•Estimated repairs: $12K cosmetics, bathroom & kitchen updates, windows
•Asking price: $132K
•Buyer pays all standard closing cost & title costs
•$5K non-refundable Deposit