Help Analyzing this deal for me
I came a cross a deal
ARV 150k On the low side can be more like 175k
3bed 2 bath 1471 sq ft
Asking 99k
Rehab 60k
My offer will be 70k (is that to high?)
Looking to get a hard money lender. Not sure rate yet.
Maybe will brrrr if numbers add up which I don’t think they will bc rent in the area wouldn’t be more the $1500 a month but my taxes will be $4800 a yr.
Or wholesale to a contractor that flips
What are you thoughts? Ideas? Something I’m missing?