Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions

Posted over 12 years ago

Closer to closing first deal

Hey all-

So the first prospective deal turned out to be a little to thin, so we kept on looking. We now have found a second deal for a fix and flip. The listing price is $90K with an ARV of $160K. With a tight repair estimate of $30K there is a little more wiggle room to start negotiating a purchase price. We have decided to keep it under $80K otherwise we will just walk away from the deal.

I'll write a more comprehensive summary of the deal once we have negotiated a purchase price and have an offer accepted.

Cheers!


Comments (1)

  1. Glad to see you moving forward John. Looking forward to seeing your progress!