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Updated over 6 years ago on . Most recent reply

Jordan L. Bethea's profile image
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Jordan L. Bethea
  • from Long Island, NY
  • Member since Jan 7, 2019
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Jordan L. Bethea's profile image
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Jordan L. Bethea
  • from Long Island, NY
  • Member since Jan 7, 2019
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Jordan L. Bethea
  • Long Island, NY
0
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8
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Buying & Selling Real Estate

Is this a deal or not?

Jordan L. Bethea
  • Long Island, NY
Posted

Hi, I'm not sure whether this is a good deal or not. I'm in the New York market btw so inventory is tight. I'm not sure whether buyers will buy this deal at this price. Please help!

ARV: 280k

ARV(70%): 196k sold to the buyer

Purchase price: 100k sold from the seller

Repairs: 50k

Closing costs: 5k

Assignment fee: 21k

End buyers profit: 54k

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Ned Carey
  • Investor
  • Baltimore, MD
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Jordan L. Bethea if your numbers are correct I would say yes.

  • Ned Carey
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