Turnkey property for 80 cents on the dollar

[Patrick Britton]

I have a listing that requires absolutely no work and can be purchased for 80% of appraised value. It is an ideal candidate for Airbnb.

http://www.zillow.com/homedetails/8422-Ash-Ln-Maple-Falls-WA-98266/23659902_zpid/

https://www.redfin.com/WA/Maple-Falls/8422-Ash-Ln-98266/home/15779734

Here are some details:

• Sellers had property appraised in August 2015 for $350,000 as required for a refinance
• They put about $9,000 into new carpeting in December 2015
• Sellers listed property in April for appraised value
• They need to move before the end of September at the latest so as not to completely mess up the school year for the kids, so their motivation level is very high
• Sellers reduced priced to $299,950 in order to sell quickly (after much pressure from yours truly)
• With purchase price of $295,000 and assuming value of $365,000, that