Updated over 6 years ago on . Most recent reply
Wholesale Questions !!
Hello All , I have Property under contract and I was curious if it was a good deal or not
Single Family Home
1 and 1 Half Garage
3 beds 1 bath
1,250 Sqft
Rent Est. $1,200/month
Asking $90,500
ARV $145,000
Rehab 4K
Roof is 5 years Old
Thanks !
Most Popular Reply
@Diandre Pitts a good deal is all relative. What's a good deal for you may not be a good deal from a local guy. Sounds like you are trying to whole sale it? Does seem to have a lot of margin and also without knows the location ARV of 145K on a 1200 sqft house sounds a bit high. For 145K I can buy a 1500 sqft house in Sylvania that'll rent for $1400.