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Updated almost 8 years ago,

Emmanuel N Njoku's profile image
Emmanuel N Njoku's profile image
Emmanuel N Njoku
  • Real Estate Agent
  • from Los Angeles, California
  • Member since Mar 12, 2017
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User Stats

6
Posts
1
Votes
Emmanuel N Njoku's profile image
Emmanuel N Njoku's profile image
Emmanuel N Njoku
  • Real Estate Agent
  • from Los Angeles, California
  • Member since Mar 12, 2017
Connect
Emmanuel N Njoku
  • Real Estate Agent
  • Los Angeles, CA
1
Votes |
6
Posts
Real Estate Deal Analysis & Advice

Wholesale Or Remodel - Los Angeles Property

Emmanuel N Njoku
  • Real Estate Agent
  • Los Angeles, CA
Posted

New investor with less than 5 deals done so far

Just secured a partnership deal with seller for abandoned home in South Central Los Angeles. 1,382 sqft Home, 4,052 Lot (Fire Damaged and Current Lien of $150,000) 

Sold Comparables show ~$290,000 - $315,000

How do you fully calculate renovation cost - is this property better off a wholesale for more advanced investors?

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