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Updated almost 8 years ago, 01/24/2017

User Stats

10
Posts
2
Votes
Tim Bryant
  • Indianapolis, IN
2
Votes |
10
Posts

Rehab myself or sell to investor?

Tim Bryant
  • Indianapolis, IN
Posted

The end of February my mothers house on the westside of Indianapolis located in Guion Pointe housing addition (4400 block of Guion road) will be available for sale to an investor? There is decent equity in the house. The ARV is $115k-$125k (I haven't had comps done, but those numbers are close to accurate). The house is 1200 sq. ft., 3 bdrm, 2 full ba., 2 car garage. It needs new garage door (slightly damaged), paint, carpet, kitchen cabinets, refrigerator, furnance (stolen), washer and dryer. Simple rehab for investor, what is a fair asking price based on ARV? Should I do any of the rehab myself to get a better offer?

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