ThomasJPetersen


All About ThomasJPetersen

Name: 
Thomas J Petersen
Location: 
Northern NJ
About Me: 

Businessman and builder looking to do more for my family. Enjoy real estate and construction

Topics I've Participated In

TitlePosterRepliesUpdated
Weekly Wisdom #254 - Leopards Changing Spots dgadmin4744 years 16 weeks ago
Weekly Wisdom #255 - Tips For Boundless Energy dgadmin1414 years 44 weeks ago
Split ThomasJPetersen16 years 4 weeks ago
Fee ThomasJPetersen56 years 4 weeks ago
Weekly Wisdom #269 - 2014 Kickoff dgadmin546 years 9 weeks ago

Basic Info

Occupation: 
Construction Professional
Children: 
Have Child(ren)
Education: 
Completed Post Graduate
Status: 
Divorced

Sites I Visit

Mainly Just This One

Guestbook

FIrst Deal

I am working on my first deal. It is has asking price of $320k and it in a neighborhood that has houses selling for $350 to $400k. House needs about $65k in work. I am thinking of offering $190k. After closing this is a profit of $40k. Is this too much risk for my first deal?