Seems like you're making allot of "Assumptions", why don't you have or can you get the "Actuals" of the property currently? Is it vacant?
Do you NEED to put anything down? What is the asking price? is this a listed property? Need many questions answered before making any decisions
I’m making a lot of assumptions because I reached out to the listing agent but never heard back. The property is occupied (would likely try to have it delivered vacant) and I would put down 5% which is the most I could afford and pretty much the lowest traditional mortgage would allow.
The property is listed for 148000.
Join the Largest Real Estate Investing Community
Basic membership is free, forever.