Not more interest in this type of marketplace deal?
Just wondering what the experts think of this deal in the marketplace?
Looks like the ROI would be great even being conservative with figures. Is it not a decent cash flow deal?
As a beginner I am trying to decipher between good deals and ones to pass on.
Thx
https://www.biggerpockets.com/forums/517/topics/252718-63-roi-in-terre-haute-in-looking-for-quick-close
That is my posting!
Buyers are having trouble getting mortgages for such small loans, it seems you need to be a cash buyer (thus reducing ROI). But if you buy in cash, and then refinance, the numbers are fantastic.
I am selling because I want the cash to buy a nicer primary residence.