Updated about 18 years ago on . Most recent reply
deal or no deal
subject to property
seller bought house for 268,000 and wants to sell it for 290,000, he wants $22,000 for it. his mortgage payments is $2000 monthly, there is already someone renting out basement, who pay $1300 and dont plan on moving. Its on the market right now at 325,000 and hasnt sold as is. I want to invest $18,000 and fix it in 4 weeks, mainly kitchen and bathroom and want to sell it at 375,000. Does this sound like a deal or will it be a bad investment, if you need any other information let me know. thank you.