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Updated over 13 years ago on . Most recent reply

Kinard Alston's profile image
Kinard Alston's profile image
Kinard Alston
  • Involved In Real Estate
  • from Parkville, Maryland
  • Member since Sep 15, 2011
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Kinard Alston's profile image
Kinard Alston's profile image
Kinard Alston
  • Involved In Real Estate
  • from Parkville, Maryland
  • Member since Sep 15, 2011
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Kinard Alston
  • Involved In Real Estate
  • Parkville, MD
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Real Estate Deal Analysis & Advice

I need help with strategy.. 1st deal

Kinard Alston
  • Involved In Real Estate
  • Parkville, MD
Posted

So I have found a property in my area that is a short sale. Looks great not much work needed. seller wants to net $86,000. I am also a realtor. What is the best strategy to make money on this. Given that..

There is heavy rental demand.
Rents for 3 BR's such as this is almost 2x what the paymwnt would be
I have no money to close except RE commission.
I would have to find an end buyer.

Deal or no deal?

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