21h • General discussion
Analyze my deal
Hi all. Wanted to run this by someone:
Home in need of light rehab. Maybe 30k. A wholesaler sent this to me:
Asking price $485,000
650k ARV
My lender will do 70% ARV which only gives me 455k. Means I have to bring 30k towards purchase and 30k toward rehab.
I am a beginning flipper but I'm moving cautiously. Any experienced flippers available to offer me some advice on this one? Please
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Analyze my deal
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