QUESTION ⁉️ “Good day. I’m needing some advice!
On Saturday, I had a property walk-through with a seller on a home that was built in 1943. It’s a 2 bed 1 bath.
It’s been vacant since 2014.
The owner owes about $2,000 in taxes and the comps in the area are going for $70,000 fixed up.
This home will need a full rehab. So I estimated around $45,000 – $50,000 in repairs.
It has no central AC, the roof needs to be replaced, the whole 9.
My partner and I offered the seller $10,000 but he asked for $20,000 the next day.
Deal or no Deal?”
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