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Updated over 8 years ago on . Most recent reply

User Stats

533
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Jeff Rappaport
  • Specialist
  • Salt Lake City, UT
378
Votes |
533
Posts

Boise, ID Fix and Flip! Owner Financing Available!

Jeff Rappaport
  • Specialist
  • Salt Lake City, UT
Posted

Looking for a good fix and flip?  Check this property out!

We are in possession of a purchase and sale agreement to buy this property.  The purchase and sale agreement is assignable which will allow you to buy the property.  

Purchase price $188,000

ARV: $260-$275K

2 car garage

Property has a sauna and hot tub room

Taxes:  $2,330 a year

Repair cost - $30K

Owner financing - $33,000 down payment

$23,000 down at closing and $10,000 more down at the time seller vacates the property on December 31st.  Total down payment of $33,000

Monthly payments of $1,148 interest only (payment of the underlying loan)

Term - Till May 15th 2017

Balloon payment due at that time for the balance of the loan.  

Video walk through - Highlight link and right click and open hyperlink.

https://youtu.be/uP-MMbbB_lo

Five thousand dollar earnest money deposit to secure this property.  

For more information contact Jeff at 801-209-2945

Offering

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