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Riley Beasley
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Potential first deal — help me analyze!

Riley Beasley
Posted

Would you do this deal?

Background: This would be my very first investment property. This is an off market deal that is completely turn key, with tenants in already and 10 months left on their lease. We actually met the tenants yesterday when we saw the house and they seemed pretty nice, house was spotless when we got there and they were friendly. The area isn’t the most ideal for resale value however. Any insight would be helpful as this would be my first deal and maybe my numbers aren’t right either!! Thank you

Edit: closing costs would be passed on to seller

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