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5
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1
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Angela Stevenson
  • Atlanta, GA
1
Votes |
5
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How should I finance the Deal?

Angela Stevenson
  • Atlanta, GA
Posted

I put an offer on a property, it's pending acceptance. However, in the meantime, even if it's not accepted I want to know the best way to fund this deal and which exit strategy. Here are the numbers.

5 bdroom 3 bath main level, unfinished inlaw suite in basement. 1900 sq ft but basement footage was not included via tax records. (idk why)

Asking $110K

Estimated repairs: 65K

ARV : $200 -225k I did a range because of the area.. It's an older neighborhood with old and newer homes.

Offered : 90K

How would you work the deal? I'm a newbie so I'm open to learning ways to structure deals.

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