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Updated almost 4 years ago,

Jimmy Barrett's profile image
Jimmy Barrett's profile image
Jimmy Barrett
  • New to Real Estate
  • from Harrison Township, MI
  • Member since Nov 19, 2020
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User Stats

18
Posts
5
Votes
Jimmy Barrett's profile image
Jimmy Barrett's profile image
Jimmy Barrett
  • New to Real Estate
  • from Harrison Township, MI
  • Member since Nov 19, 2020
Connect
Jimmy Barrett
  • New to Real Estate
  • Harrison Township, MI
5
Votes |
18
Posts
Real Estate Deal Analysis & Advice

Help me analyze this deal

Jimmy Barrett
  • New to Real Estate
  • Harrison Township, MI
Posted

Made offer on first rental property. Off market deal, house is currently right next to my personal house. I got it for 150K needs about 5K in repair but value after repair is 200K. I have a renter right now who is begging me to finish the house ASAP after closing so she can move in. they will be paying 1500 per month. SE Michigan

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