How to Tell if Your Deal is Worth It? (Premium)

real estate private money lendersTest your deal evaluating skills?

Every successful investor balances the risks with the benefits.  Let’s test your insights:

You find a house worth $180K; the seller owes $135K. At 7.75%, monthly pmts are $1003.  The seller is $1800 in arrears, and you estimate that you’ll need about $5000 in fix up costs.  In your market, you estimate it will take about 3 months to get a tenant-buyer that will pay the market rate of $1350 per month.

Is this a good deal?

Let’s do the Math.  Let’s review the numbers below and then break it down.

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