Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Michelle G
1
Votes |
11
Posts

short sale need advice

Michelle G
Posted

Hi,
In Contract with buyers for short sale... Banks number is way more than contracted price. I still think this is a pretty good deal but I would like a second (third or fourth) opinion.
This home is on Long Island in good school district on busy road
3bdrm 2 bath needs about 10-15k work (full basement as well)
price 162k 20% down then rest at 30 years 5.5% fixed
taxes 6400
Income will be 1800/month
Please any input would be appreciated

Loading replies...