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Updated over 18 years ago on . Most recent reply

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Real Estate Deal Analysis & Advice

First Deal

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I am just getting started. I've been looking for a while and this past weekend, I looked at 3 houses. Two of them look like VERY good deals. The other one needed a lot of structural work. Of the two, I like this deal the best and I'd like to know what you think.

84,900 - Current Sale Price
80,000 - Anticipated Purchase Price
130,000 - Comps

15,000 - Rehab cost
4,000 - Anticipated Carrying Costs

2 Month Time Frame

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