It depends on:- what the comps say- estimate how much repair is needed since it's an "as-is" deal- estimate the income after verifying all revenue and expenses data- determine if given all the risks associated with this property, it still performs better than other investment opportunities I may have available (i.e. stock market, bond funds, gold, bitcoin, etc.)Cheers...

My name's Dan Trader.

well said Linda especially about the "trader," IRS designation when flipping properties being considered ordinary income which complete negates the capital gain savings position.

I yielded over 200% on that property and others since, so this has been my benchmark (ambitious, I know).In the meantime, I was a software developer for several large pharma companies and most recently with Goldman Sachs, while also an active stock market trader.  

I remember when it was $4, I even made a bitcoin wallet.

I am a retired USAF officer/pilot, currently working (way too hard) as a Sales Engineer in the oil and gas business and stock options trader.  

I am also a Futures Trader and after studying and practicing for more than ten years with many different types of Trading Methods, I know that when you finally find the Time Frame and Method that fits your Trading Style..."

Hi everyone,I'm a securities trader from Massachusetts looking to learn and get started investing in real estate.

@Arpan PatelAll things being equal, traders are expecting at least 2 more rate hikes this year.

No legitimate lender is going to ask you to wire funds via Western Union or Bitcoin.