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Updated about 8 years ago on . Most recent reply

Jason Hill's profile image
Jason Hill's profile image
Jason Hill
  • from Killeen, TX
  • Member since Mar 16, 2017
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120
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Jason Hill's profile image
Jason Hill's profile image
Jason Hill
  • from Killeen, TX
  • Member since Mar 16, 2017
Connect
Jason Hill
  • Killeen, TX
51
Votes |
120
Posts
Real Estate Deal Analysis & Advice

Is this a good deal for up state NY?

Jason Hill
  • Killeen, TX
Posted

So I have a noob question. A seller is selling her house she wants 106,000 fmv is about 140,000. From my rough estimate it only needs about 10-15k in rehab.  I offered 95 she only needs 92,000 to pay it off. So first question is this a good deal and do you think an investor would be willing to pay 110,000? Rent in the area is 1300 to 1500 if that helps. 

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