Wholesaling
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 4 years ago,
Buying first BRRRR from wholesaler with $3500 non-refundable fee
Buying my first BRRRR 2 bedroom townhome for $59,000 in NC with a non-refundable $3,500 + closing costs. I'm checking on liens and having an inspector walk property. Value estimated at $87,000. Rent estimated at $750 per month. Am I missing something? Seems like a great deal. I'm ready to jump in but would love some feedback. Thanks:)