All Forum Posts by: Husameldin Mohamed

So im new to this whole thing of real estate investing, but reading the past few months and gaining some insight into the market. I saw a property, town home 3br 1.5 ba in Suffolk, VA, keep in mind I live in Northern VA.

Want to know what you’re strategy would be for such a property:

Foreclosure

Sale price 30k

Needs cosmetic work, kitchen bathrooms, paint, carpets a little landscaping etc.

Property is valued between 85-105k

In my opinion (a very inexperienced one) sounds okay, thats if there isn’t any other major issues in the property.

What’s your opinion