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Updated over 14 years ago,
Help Us With Our First Deal Analysis
We've found a 4500 square foot house that is for sale for $450,000, says it's valued at $750,000, and only needs minor repairs such as fresh paint, landscaping, and new appliances. The home was built in 2006. It's located in a very nice neighborhood, near a lake.
This sounds like an obvious money-maker. How do we actually analyze this?