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Real Estate Deal Analysis & Advice

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13
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John Halligan
Pro Member
  • Rental Property Investor
  • Indio, CA
3
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13
Posts

Cleveland Bank Owned duplex

John Halligan
Pro Member
  • Rental Property Investor
  • Indio, CA
Posted Oct 24 2016, 22:07

My first deal I'm scared!!! I just bought a duplex on auction for 18 k. Zillow estimate 66 k. I live in California I think I made emotional purchase my Mom was from Cleveland. It was take as is no inspections. I am new to BP but I ran the BRRRR with assumptions rents of 500 x 2. expenses of 630.00 Any advice would be appreciated. I have 24 hours to sign contract but questioning my decision. Thank you John

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