Looking for deal analysis help

[Derek Persuit]

Hey everyone,

I got a deal that I am real eager to go after however I don't know if my analysis is sound and I would like to get some expert opinions. I am a newbie and this would be my FIRST property. It's on an online auction right now that ends on Wednesday. If you message me back or send something to my inbox I can show you the deal.

Thanks Everybody!!

[Chris Mylan]

Hey @Derek Persuit,

Small world - hope you're doing well!

I'll PM you with a hello message, but I agree with Brent and David. Those numbers are very tight for a BRRRR.

Lots of better deals out there that will require that same amount of repair costs and can net you a higher return. 

I just refinanced a house in South Side if you want to compare notes. About the same rents and comps as Mt. Washington.