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Real Estate Deal Analysis & Advice

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14
Posts
4
Votes
Lewin Staine
  • Rental Property Investor
  • Los Angeles, CA
4
Votes |
14
Posts

Newbie Deal Analyzer

Lewin Staine
  • Rental Property Investor
  • Los Angeles, CA
Posted Oct 20 2021, 09:58

Hi there,

I was in the process of acquiring my first deal as a rental property using FHA but after the inspection, I decided to walk away. I felt that I would've been way over my head with repair & renovation costs. As someone who is new to Real Estate Investing, I didn't trust my analysis (or lack there of) so I potentially missed out on a good deal or a nightmare.

I would like to revisit this same deal with some assistance to improve my analytical skills and areas of improvement.

Thanks

User Stats

103
Posts
64
Votes
Cade Olof
  • Real Estate Agent
  • Tucson, AZ
64
Votes |
103
Posts
Cade Olof
  • Real Estate Agent
  • Tucson, AZ
Replied Oct 20 2021, 10:22

Hey @Lewin Staine!!!

I applaud you for getting after it! I just recently purchased my first triplex with an FHA loan so I'd be happy to look over your analysis. Feel free to reach out to me personally or just respond in this forum with the breakdown of the deal and analysis!

User Stats

14
Posts
4
Votes
Lewin Staine
  • Rental Property Investor
  • Los Angeles, CA
4
Votes |
14
Posts
Lewin Staine
  • Rental Property Investor
  • Los Angeles, CA
Replied Oct 20 2021, 15:16

@Cade Olof Hey Cade, I will send you a PM to connect.

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