Skip to content
Real Estate Deal Analysis & Advice

User Stats

41
Posts
0
Votes
N/A N/A
0
Votes |
41
Posts

How should I approach this deal?

N/A N/A
Posted Aug 3 2008, 10:59

I come across these listed at my local REI club. I am wondering how to approach this?

Below is a listing at my local REI club. I have access to deals like this but am worried that it might be an attempt top take advantage of new investors. How should I handle this as a new investor? What chronlogical order should these steps be taken in? I am not going to attempt to make this deal but I believe that many newbs here have access to these deals and would like to learn how to handle them.
Thanks.

Instant Message (Online)
How can I approach this deal?
« on: Today at 07:33:54am » Reply with quote Modify message Remove message
Below is a listing at my local REI club. I have access to deals like this but am worried that it might be an attempt top take advantage of new investors. How should I handle this as a new investor? What chronlogical order should these steps be taken in? I am not going to attempt to make this deal but I believe that many newbs here have access to these deals and would like to learn how to handle them.
Thanks.


Quote:
Great property to flip for quick profits! * 3BR/1BA * 1,024 Sq Ft * 2 Story Home COMPS in the area include: * 2120 Lambert St - Sold for 105,000 * 2114 AS Norwood St - Sold for 107,000 * 2063 Snyder St - Sold for $110,000 Estimated Profit Potential - $24,000+ Estimated Rehab cost of $13K assumes new kitchen, bath, carpet, heater & hot water heater and paint. If interested, contact either: xxxx xxxx xxxx
Quote:

Loading replies...