Closer to closing first deal
Hey all-
So the first prospective deal turned out to be a little to thin, so we kept on looking. We now have found a second deal for a fix and flip. The listing price is $90K with an ARV of $160K. With a tight repair estimate of $30K there is a little more wiggle room to start negotiating a purchase price. We have decided to keep it under $80K otherwise we will just walk away from the deal.
I'll write a more comprehensive summary of the deal once we have negotiated a purchase price and have an offer accepted.
Cheers!
Comments (1)
Glad to see you moving forward John. Looking forward to seeing your progress!
Rodney Wehr, about 10 years ago