My first Deal?!-- Fannie Mae home
Hello everyone! I'm new to investing and have been trying to find a buy and hold property for a long time (off and on). I found a house on homepath and put an offer for 54,900 and the ignored (listed 67k), we went up by 5 k to 59,500 and they accepted!. I'm excited and hoping to close deal.
The house is in Southeast Houston which is a lower social economic area, but I'm find with that. I grew up in that neighborhood and made it out just fine! Now on to the question the house seem ready to move in..maybe just paint. Do you think I got a reasonable deal?
Side note..I'm looking at long term profit. I'm patient
MLS : 43020944