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Updated almost 12 years ago,
Wholesalers would you buy this, Rehabbers would you buy this?
Property is listed for $75,000. AVR is $ 120 - 125. Best school district in county!
Bank owned!
I would like to get it for $ 60-65 and wholesale it btw $ 70 -75.
Built in 1990 - Ranch - Sewer assessment of $ 5000 plus needs to hook into sewer, so probably another $5000.
Finished basement has black mold and has water on floor. Bank didn't winterize until March and has no electric. So who knows how long it sat like that. Other repairs are new garage door and carpet on first floor. Those are all the major ones.
Should I get it under contract or let it go?? Thanks!