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Evan Kummer
  • Rental Property Investor
  • Stoney Creek, Ontario
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13
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First Deal

Evan Kummer
  • Rental Property Investor
  • Stoney Creek, Ontario
Posted Jan 11 2015, 20:16

Hello,

I am currently in the midst of the first real estate deal. I have a property that the current assessed value is 168,000, and they are asking 144,000. I want to wholesale this deal by offering 135k and assigning it to a buyer for 140K. 

It is currently renting at 1300/month with ROI at 17%.

Since this is my first deal, would this be suitable investment for a buyer? I need an outside opinion. 


Thanks! 


Evan 

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