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Updated almost 10 years ago on . Most recent reply

Sarah Miller's profile image
Sarah Miller's profile image
Sarah Miller
  • Investor
  • from Oceanside, California
  • Member since Nov 19, 2013
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Sarah Miller's profile image
Sarah Miller's profile image
Sarah Miller
  • Investor
  • from Oceanside, California
  • Member since Nov 19, 2013
Connect
Sarah Miller
  • Investor
  • Oceanside, CA
0
Votes |
4
Posts
Rehabbing & House Flipping

Should I take this deal?

Sarah Miller
  • Investor
  • Oceanside, CA
Posted

I got a lead on a duplex.  There is only one good comp in the area at $260K (sold 12/15), other comps are at $165-180K but they are condos w/o garages.  Seller is willing to sell at $185K.  I believe repairs to be about 25K, although seller believes it only needs 15K in repairs.  He also has renters in unit and I don't know terms of the lease.  What should I do? 

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