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Updated over 14 years ago on . Most recent reply

Scott Karg's profile image
Scott Karg's profile image
Scott Karg
  • Real Estate Investor
  • from Jarrettsville, Maryland
  • Member since May 7, 2010
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76
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12
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Scott Karg's profile image
Scott Karg's profile image
Scott Karg
  • Real Estate Investor
  • from Jarrettsville, Maryland
  • Member since May 7, 2010
Connect
Scott Karg
  • Real Estate Investor
  • Jarrettsville, MD
12
Votes |
76
Posts
Real Estate Deal Analysis & Advice

My first "real" deal

Scott Karg
  • Real Estate Investor
  • Jarrettsville, MD
Posted

Thoughts on this deal, buy and hold
4bdr, rent will be $1400-1500 monthly
REO property, sold in 2006 for approx $130K

Purchase price $46,500
Rehab $8-10K
Taxes $2554(will appeal assessment)
insurance $450 yr

I am closing on Friday, I would have posted this deal previously, but didn't know about BP when I first found this property.

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