1st Deal

[Brandon Butler]

So I think I have my first deal and wanted to get BP's input on the deal. The ARV us 141,000, I plan to purchase at 70,000, the owner kept up with the house as it was a section 8 rental, so I don't anticipate to much for rehab, so I estimate rehab at 10 to 15k. I believe I can sell at 90-95k and a flipper can get close to 50k off the flip or a renter can use it as a rental, which is already section 8 approved for a market rent of around 950 to 1200 a month. I think this looks good, how does BP feel?