Updated over 6 years ago on . Most recent reply
Potential Flip - Help me analyze.
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I stumbled across this. Its in an "eh" area that is having some success. 3 other comps of the same size sold for $210k , a 4 bedroom sold for $230k. The only downside is this place ha a tiny kitchen and really narrow staircase. You could bump out the wall to the laundry room to give the kitchen more space but then the washer dryer have to go upstairs (narrow staircase) but there ARE hookups upstairs. If your offer of $135k is accepted, you could make $25k.. it has hardwood floors in most rooms to be refinished.. and some siding work on the front (see pic) the rest is livable.. just old and run down.
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@Ralph Stowe It looks like a good deal from what you've provided. I would say as always make sure the numbers are verified yourself.