Wanna Start Flipping but don't have the DEAL or the FUNDING? Here's the solution....

[Wendell De Guzman]

Do you want to start flipping houses but don't have the DEAL or the FUNDING to do so?

Let me solve that problem right now.

Here's the DEAL: (568 104th Pl, Chicago - 3 bed/1.5 ba/ 1350 sqft)

After Repair Value: $130,000 (I can email you the Comparative Market Analysis from a licensed real estate agent)

Repairs; $18,000 (estimate from a licensed General Contractor)

Sales Price: $49,900

If interested in this deal, call me NOW at 714-270-6438.

Here's the link for more pictures of the property.

FUNDING AVAILABLE:

Ted, my rehab lender can fund up to 80% of the total purchase price and rehab. If interested to prequalify for a hard money loan, call Ted at 847-293-2375

The Profit Potential

Re-sale Price:....................................................................$130,000

less RE Commission (6%)..................................................($ 7,800)

less Closing cost to Buy (estimate)....................................($ 2,500)

less Closing cost to Sell (estimate).................................... ($ 3,000)

less Holding costs (assume 6 months)

Property Taxes (estimate)..................................................($ 1,234)

Insurance (estimate)...........................................................($  500)

Utilities (estimate).............................................................. ($  500)

less Acquisition Price.......................................................($ 49,900)

less Repairs......................................................................($18,000)

NET PROFIT.....................................................................$46,566

Total Investment (Acquisition + repairs + closing to buy + holding costs)

Total Investment = $72,634

Return on Investment = (Net Profit divided by Total Investment) x 100%

ROI = 64.11%