Updated over 2 years ago on . Most recent reply
Is this a Good Idea??
This sort of feels likes a no brainer, but want to be sure.
Would it be a good idea to purchase a single family house for $130k that was appraised for $190k?
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Travis Timmons
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Travis Timmons
#4 Starting Out Contributor
Pro Member
#4 Starting Out Contributor
- Rental Property Investor
- Ellsworth, ME
There is a reason that it is being sold 60k under appraised value. Figure out what that reason is and assess.