Updated almost 2 years ago on . Most recent reply
Deal or no deal?
Thoughts on this deal:
Single family home in class C area.
Purchase price: $102k
Market rent: $1,100/month
Interest and insurance: $110/month
Will likely appraise at $145k
I’m debating buying this to hold it cash (or potentially refinance) and rent it, or wholesale it and have an offer to make $10k on it.
I know it depends on goals, but from a deal analysis perspective, what would you do?