Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Potential first deal — help me analyze!
Would you do this deal?
Background: This would be my very first investment property. This is an off market deal that is completely turn key, with tenants in already and 10 months left on their lease. We actually met the tenants yesterday when we saw the house and they seemed pretty nice, house was spotless when we got there and they were friendly. The area isn’t the most ideal for resale value however. Any insight would be helpful as this would be my first deal and maybe my numbers aren’t right either!! Thank you
Edit: closing costs would be passed on to seller