Offering on a bank owned property

[Shahar Joseph]

Bank list the property at 200k

Need rehab of 80k

ARV would be 300k

Rent will be 3600 monthly

Comps are at 300k plus

How much would you offer consider all that

[Kris L.]

@Shahar Joseph

20k margin on a 300k property looks like a razor thin deal. Far too much risk in my opinion.