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Updated about 5 years ago on . Most recent reply

User Stats

7
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4
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Oluwatobi A.
  • Chicago, IL
4
Votes |
7
Posts

[Calc Review] Help me analyze this deal

Oluwatobi A.
  • Chicago, IL
Posted

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

I kept doing math, very inaccurate math and i didn't even know what numbers to put where. My first deal, very nervous and then when i put in an offer it i was told that an offer just got accepted. I kept dragging my feet for about a week.

Putting my offer in a week earlier doesn't meant that it would have gotten accepted but it means it would definitely have had a better chance.

I'm hoping i can get the help of experienced folk on here to maybe show me what numbers seem off and what i could do better next time.

P.S i am looking at another property at the moment and as soon as i physically see it with my contractor i will do a deal analysis asap.
Also, just to add, i am looking to house hack with a 203k FHA loan and the purchase cost and rehab will be bundled into 1 whole deal.

Thanks!

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