Flip or Rehab Opportunity In Portland, OR.

[Viktor R.]

Assignment of contract for sale. This house is situated in a hot market of Portland, OR. A word to the wise, when placing a house under contract, make sure to complete a memorandum of contract. I've had several interested parties try to steal this house right under from me after the seller and I had an agreement. This house needs work and a good clean up job. The house is occupied and only available to be viewed via appointment.

I've included a link that shows all the pictures that you need as well as a property profile and comparable sales. The data provided is for informational purposes only. Buyer to verify all information to their satisfaction. 

• Assignment available for $295,000 which includes wholesale fee
• Repair estimate: $20,000- $25,000
• ARV $380,000-$400,000 (comparables included in link)
• Pictures, Property Profile, & Comps (click on blue lettering) 

[James Propeck]

You have my attention. Is this contract still available? Please forgive me, as I'm just getting into investing, but I'm a little foggy on the deal. Is this a rental that will change hands while the tenant stays or is the tenant moving out?

Thanks!

-James