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Updated about 8 years ago on . Most recent reply

User Stats

13
Posts
4
Votes
Jarrell Holmes
  • Detroit, MI
4
Votes |
13
Posts

HOW WOULD YOU APPROACH THIS

Jarrell Holmes
  • Detroit, MI
Posted

I'm looking to wholesale an investment property. The seller has a property that he wants to sell and make at least 20K. He has tenants that has lived in the property for 3 1/2 years paying him $750/ month. He also has $1200 in back taxes from 2014 (the plan on having him pay those himself). How do I analyze this potential deal seeing that he already has tenants. Repairs shouldn't play a major part as long as nothing major needs work because there already people living there. Can someone give me some insight?

Most Popular Reply

Account Closed
  • Real Estate Investor
  • Fresno, CA
9
Votes |
133
Posts
Account Closed
  • Real Estate Investor
  • Fresno, CA
Replied

Congrats go out and make.

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