Investor · Upper Marlboro, MD · Member since 2014 · 13 posts · 2 votes
Three BR, 2 bath HUD property in water-oriented St Mary's County township of Bushwood, MD. Tax assessed at $193k, Zestimate ~$183, professional appraisal came in at $175,500 ARV. Rehabs are selling fairly well.
House built in 2005.
Repair cost about $40k if you contract the entire rehab.
HUD and independent certified house inspection included. ARV based on professional appraisal. Rehab cost is based on GC Estimates for performing Scope Of Work that the appraised ARV is based on.
Asking price is your cost; all other closing costs paid.
ROI > 35%
Cash only, need quick sale. Deal comes with inspection reports, appraisals, Scope Of Work, and Contractor bids. Quick flip, 4-6 weeks to complete.