Since im so new to this and trying so hard to get a first deal in this is what i came across so far.
$15,000.00 asking-2 bed, 1 bath home with a garage and out building on a corner lot. The home has vinal siding and hardwood floors. Needs kitchen, new bath, heating/ac.
Tax value is 44.6K and the ARV is 65K. It will require approx. 12-14K to fix up.
So my question is what % should i be looking for to tell if it is a good deal?
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