Updated about 6 years ago on . Most recent reply
Thoughts on this deal
Just wanting any feedback on this deal.
Purchase 107000
Rehab. Approx 55000
EST ARV 197000
Time 3 months
Most Popular Reply
Here's how I break that down...
ARV - $197k
- 10-15% selling, holding, closing costs ($20- $30k)
-$55k Repairs
- $107k Purchase
= $5k - $15k profit...if all goes well.
Sounds like a lot of work with not a lot of profit.