Serious PROFITS $300k + Albany Ca - Off Market DEAL - Plus loan

[Raj Pat]

Here is another one in Albany 15 mins of San Francisco

I have a deal in Albany CA (Off market coming up in 2 weeks) We own this property out right.. If you know anything about Albany it's one of the hottest towns in the East bay and close to SF. Schools are 10 out of 10! It's a wealthy old town. This property is located near downtown. There is not too many homes with this square footage! 

Current property specs: 

5/2 Bed & Bath

2800 sqft home lot size 5,000 - Zoned Duplex or SFR (Very rare)

We have plans and building permits in process to renovate the property. We added a legal in-unit within the square footage.

Purchase Price to be: $1,275,000

Renovation cost: $2300k to $265k (Seller has already paid $20k for permits and plans)

Resale value $1,850,000 to $2,000,000

Profits: Range

Commission at resale: If you need us to resell we can charge 1% on listing side and give 2.5% to buyers side this should save you money... If you need a private money loan we can fund up to 80% LTV at 9% 1pt and up to 60% on construction

Buyer to pay for transfer taxes, escrow and must purchase CASH, private money loan is fine. We have worked out a deal with our lender partners for the next buyer. Buyer must deposit $20k non refundable check. 12 to 15 day CLOSE. DM for more information, this is a home run deal for the right buyer!