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Updated over 5 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
This is a foreclosure residence and they are listing it at a purchase price of 129,900. I have a realtor that is looking into if it is a pre-foreclosure or if the bank owns it and if there is currently a renter (which I don't believe anybody resides inside). I am very new to this, and would love experienced advise from others (I hope this is allowed, if not please take the post down). I also have a good contractor lined up, and if this is a decent deal can take him to the property and have him go through a detailed analysis of what he thinks the repairs would be. Any advise is greatly appreciated.
Respectfully,
Chris J.