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Updated over 4 years ago on . Most recent reply

User Stats

20
Posts
4
Votes
Arpit Gandhi
  • Real Estate Agent
  • Hatfield, PA
4
Votes |
20
Posts

Help me analyze this deal

Arpit Gandhi
  • Real Estate Agent
  • Hatfield, PA
Posted

Hi All,

This is my first fix and wanted to run this through the BP community.

Report: https://www.biggerpockets.com/...

Location: 19121

Offer: 175,000
ARV: 310,000

Rehab  - Rough estimate $50,000.

Holding - $12000

I reached out to couple of Lenders but nothing concrete yet.
The best I got so far was:

80%LTV, 100% rehab at 9.625 for 18 months. and 0.75 points.

Would this be a good deal? I am just not 100% sure about the ARV value. It looks to be around $300-$325.

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