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Updated over 5 years ago,

User Stats

74
Posts
23
Votes
Preston Gealy
Pro Member
  • Rental Property Investor
  • Cranberry Township, PA
23
Votes |
74
Posts

Rent or Wholesale: Edinburg PA

Preston Gealy
Pro Member
  • Rental Property Investor
  • Cranberry Township, PA
Posted

So my mom wants to get rid of her house in Edinburg, PA and I have an opportunity to buy it for $10,000 to $15,000 and rent it out or wholesale it to an investor. From Zillow the house looks to have an ARV between $36K and $40K. I inspected the house and found it pretty much needs gutted to get to a decent rental state. I used one of the Biggerpockets sponsored rental calculators and found that 3 bedroom houses in this area can go for $650/month. I have an investor who is interested in buying the house but I have not called him back yet. What should I do??

  • Preston Gealy
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