Updated about 10 years ago on . Most recent reply
FLIP OPPORTUNITY - South Shore, MA - High End Town!
This property is listed on MLS and is not my listing. It's a flip opportunity I've identified and that's why I need a Buyer's Broker agreement signed before revealing the address.
It appears to be more of a "fluff & buff" than a full gut.
Here are the ESTIMATES (buyer due diligence required)
Acquisition: $200,000
Repair: $50,000
Carry 120 days @ $100/day = $12,000
Marketing: $17,000
Surprises: $10,000
ARV $330,000 (with solid very local comps to back it up). Possibly $350K.
This property has TOWN SEWER (no Title V disasters) and gas.
The only fly in the ointment is that offers will be opened this Sunday 2/7/16 at 5 PM. If you're interested, please contact me ASAP.
Offering