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Updated almost 8 years ago on . Most recent reply

User Stats

11
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1
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Justin Nichols
  • Portsmouth, VA
1
Votes |
11
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Is this a good deal?

Justin Nichols
  • Portsmouth, VA
Posted

Hi BiggerPockets community, I have a question. I just got off the phone with a potential seller. She had a rental property two story home with an apartment garage in the back. The home has 3beds 2baths & 1 bed and 1 bath in the garage. No mortgage, no existing tax liens, the house would need light repairs (paint and maybe floors). The ARV I came up with was ~158k and she said she would accept no less than 130k. Would this be a good wholesaling deal? I would appreciate the feedback

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