Deal or no deal?
Hello Bp!
I'm am currently in the process of putting a home under contract,however I'm not too sure if this would be considered a deal. These are the numbers:
ARV: 100k
Repairs: >5k
Price: 73k
The home is tenant occupied and is renting for 900$ monthly. Current tenant can also potentially turn this deal into an owner finance if buyer is open to it. I would really appreciate your opinions. Thank you.