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Cecil Russell's profile image
Cecil Russell's profile image
Cecil Russell
  • from Mobile, AL
  • Member since Sep 7, 2014

User Stats

80
Posts
13
Votes
Cecil Russell's profile image
Cecil Russell's profile image
Cecil Russell
  • from Mobile, AL
  • Member since Sep 7, 2014
Cecil Russell
  • Mobile, AL
13
Votes |
80
Posts
Real Estate Deal Analysis & Advice

Amarillo Motivated Seller 3/1 as is-asking $50,000

Cecil Russell
  • Mobile, AL
Posted

I have a seller selling his mothers 3/1 home in Amarillo, as is-needs some work-asking $50,000. CAP is $58,000, actual tax appraisal on home is $51,000. I don't think I can make any kind of profit at $50,000. Seller claims mother is terminal and really needs to sell. Any input gladly accepted.

Cecil Lee Russell

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