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Updated almost 2 years ago,

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Seunda Traylor
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First potential deal as a wholesaler, or Not

Seunda Traylor
Posted

I came across a property that is FSBO. It is 2 bed, 2 bath, 1452 sqft, condo in a multifamily building built in 1983. It is listed for sale at $225k, and has $384 monthly HOA fee. Zillow and Redfin estimate is $233.7k Owner states new Hvac and windows have been recently installed. While it appears it is move-in ready, it still needs some updates in the inside (kitchen - stove, fridge, dishwasher, cabinets) also light fixtures throughout need updating.

Is this even potentially a small deal worth pursuing? Or if I can obtain financing, would this be a good buy and hold for a rental investment opportunity? 
 

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