Dre - because I don't think that anyone has ever written more on the subject than I have. Search articles and posts on BP, as well as at my website. I don't think I've left any stones un-turned...:)

Haha - I'm not saying a thing :)

Dre, take my opinion with a grain of salt as I have no idea about that part of the country but for 6K it seems like there are possibilities! Look into the following: What would the value be after fixing it up? What are the repair costs? What is the neighborhood like? Safe or unsafe? Are there currently other properties on the market in the area? What are they selling for and how long on the market? Could you wholesale the deal? Hold and rent? Do you have the ability to inspect it before locking it in? There are always possibilities of major structural damage. How do you know it is free and clear from other lens or possible tax liens? There have been a few posts lately about buying super cheap properties and why they can be a horrible deal. Ben leybovich I believe would have some input.

Updated about 11 years ago on 04/15/2015. Most recent reply

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Dre CouchPoster

Florida

Buying & Selling Real Estate

Is this a good deal?

Dre CouchPoster

Florida

Posted April 15, 2015 15:03

Ok so I have a guy email me some properties . He want 6k for it ...it needs to be cleaned out but it's free and clear... It this good enough to flip I have others he emailed me to in pa... Shamokin, PA 17872 DUPLEX, 2 units, side by side Each side has 3 bedrooms and 1 full bath Living room, dining room, kitchen, 1st floor laundry Off street parking needs clean out Last house on the block, private setting, beautiful views

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