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Updated over 4 years ago,

Jeff Plotkin's profile image
Jeff Plotkin's profile image
Jeff Plotkin
  • Rental Property Investor
  • from New York City, NY
  • Member since Jul 8, 2018
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User Stats

41
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11
Votes
Jeff Plotkin's profile image
Jeff Plotkin's profile image
Jeff Plotkin
  • Rental Property Investor
  • from New York City, NY
  • Member since Jul 8, 2018
Connect
Jeff Plotkin
  • Rental Property Investor
  • New York City, NY
11
Votes |
41
Posts
Real Estate Deal Analysis & Advice

Major rehab needed. Is this worth it?

Jeff Plotkin
  • Rental Property Investor
  • New York City, NY
Posted

Just got an offer accepted on a house for $90k purchase price in cash. The comps support an ARV of $170k. I expect the rehab to cost between $40k-$50k and there will be some difficult repairs. Is a major project worth the headache at this cost?

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