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Updated about 9 years ago, 11/27/2015

User Stats

74
Posts
15
Votes
Josselyne Lugo
  • Wholesaler
  • saginaw, MI
15
Votes |
74
Posts

Deal or no deal?

Josselyne Lugo
  • Wholesaler
  • saginaw, MI
Posted

Hello Bp!

I'm am currently in the process of putting a home under contract,however I'm not too sure if this would be considered a deal. These are the numbers:

ARV: 100k

Repairs: >5k

Price: 73k

The home is tenant occupied and is renting for 900$ monthly. Current tenant can also potentially turn this deal into an owner finance if buyer is open to it. I would really appreciate your opinions. Thank you. 

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