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All Forum Posts by: Jeff Henry

Jeff Henry has started 2 posts and replied 2 times.

I have a potential deal that I am confused on what to do. I won a bid on a property on HUD at 69% discount at $70k, the Market value is $110k, and MLS has it for $105k the property needs about $5k in rehab just light work. Carpets patches on the walls and some appliances. I was going to buy this property and offer it to a cash buyer on my list of buyers around $80k. My question is would you think the numbers are to tight or is there money to be made on both sides? Or would you simple pass on this offer?
New to the real estate investor world. Trying to build my portfolio this year. I currently have invested in 1 rental (buy and hold) and one land deal. My goal is to do several flips this year and more buy and holds. If anyone can help in anyways it will be greatly appreciated. Looking to meet realtors wholesalers and Cash buyers