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Updated over 3 years ago on . Most recent reply

Edaldone Manlapaz's profile image
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Edaldone Manlapaz
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Edaldone Manlapaz
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Marketing Your Property

Need some good advice.

Edaldone Manlapaz
Posted

Good morning, I found this property from a wholesaler. Asking price $370K, needs full rehab - $100K was damaged by squatters/hx, ARV $600K plus per COMPs. what other expenses should I consider? and what kind of financing should I use? Thank you all so much. Really appreciate your help for a newbie like me.

Riverside, California
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Simon W.
  • Real Estate Consultant
  • from Lehigh Valley PA & New York City
  • Member since Jan 14, 2013

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Simon W.'s profile image
Simon W.
  • Real Estate Consultant
  • from Lehigh Valley PA & New York City
  • Member since Jan 14, 2013
Simon W.
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
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Simon W.
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
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Quote from @Edaldone Manlapaz:

Good morning, I found this property from a wholesaler. Asking price $370K, needs full rehab - $100K was damaged by squatters/hx, ARV $600K plus per COMPs. what other expenses should I consider? and what kind of financing should I use? Thank you all so much. Really appreciate your help for a newbie like me.


 how do you know it would cost $100K? 

  • Simon W.
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