I have a single family residence for sale that I picked up from the bank. It is being sold "as-is" and will be closing around 1/2/15 -1/9/14. I have had my attorney do all the title work and survey and everything is in the clear.
Asking: $85,000 OBO
ARV: $130,000 - $140,000
Rehab: $15,000 - $20,000
YOUR PROFIT: $15,000 - $20,000
1996 sq ft
3 HUGE bedrooms
Fireplace in Living Room
Forced Air Heat
2 Car Garage
Tons of Closets for Storage
Original Hardwood Floors
Side and Front Porch
Refinish original hardwood floors
Paint exterior and interior
Update 1.5 baths
New kitchen and dining room floor
Outdoor work- New garage door, cement walk way from garage to house
Please email me and I can provide more information and pictures!
I would like to flip this myself but have too much going on at this time, need this off my hands ASAP!
@Jennifer Roth Do you own the property? If so, you may want to consider seller financing as an option. Those numbers are a little tight for most investors. There are carrying costs and possible realtor fees that will also eat into the profit. Seller financing might be way to get a rehabber to do this deal. You could do an equity split also when the property is sold.
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