Rental Property Investor · Raleigh, NC · Member since 2009 · 90 posts · 52 votes
I am wrapping up a rehab and looking to start another one or two as soon as possible. I'd like to stay with in Wake Co, specifically Raleigh. Location within Raleigh, scope of work, style of house (SFH, Multifamily, one level or more...) aren't important. If the numbers look good, I am interested. Tax value doesn't mean much, I will do my own research to verify values
I am new to real estate investing and I have come across a great north carolina property with amazing potential and equity. The details of the property are below:
2 bedroom/1 bath Condo
928 sq ft
near downtown Durham, NC
Obvious repairs needed:
•replace carpet
•replace/repair several torn window screens
•replace/repair damage to front door lock area
•replace microwave
•loose exterior light fixture
Asking price $15,300 OBO (this is an amazing price). Must make offer by Sunday, August 1!!!
I have not contracted this property, so you could potentially get a better price. I only ask for a $1500 finders fee agreement. If this is agreeable to you please reply for additional details and photo of property.
Andrew are you interested in the Raleigh/Durham area only? I am currently working the Triad (Greensboro, High Point, Winston Salem, Burlington) area. Have a few rehabs that fit your criteria in the Triad.