1st deal PLEASE!! Help me analyze this deal

2 Replies

Hey BP ! This poperty in south Jersey looks to be listed as a bank approved short sale at $135k. It has 4 beds 1 bath. The property looks a bit run down but As Zillow/realtor seems to have properties in the area that have sold for this amount I just used it as an arv however, I know those numbers can be inaccurate. I calculated rehab at 40p/sq ft. at 1,433 sq ft. I'm looking for an investor friendly agent who could help me really crunch the numbers with a accurate CMA and asking price to see If I could potentially have a deal in which I would be looking to use a hard money lender to fund it. Please help any feed back is greatly appreciated. View report

*This link comes directly from our calculators, based on information input by the member who posted.

I would really like to know what exact rehab is not just a sq foot number, roof, plumbing, electrical, well, septic, kitchen,and foundation.  This would give me a better idea if it is good or not. 

Originally posted by @Michele B. :

I would really like to know what exact rehab is not just a sq foot number, roof, plumbing, electrical, well, septic, kitchen,and foundation.  This would give me a better idea if it is good or not. 

  I haven't gotten a contractor inside yet until then I thought do square footage for now and make the adjustments as I move along.