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Updated over 8 years ago on . Most recent reply

User Stats

49
Posts
12
Votes
Richard Cole
  • Rental Property Investor
  • Uxbridge, MA
12
Votes |
49
Posts

Great Deals Found in Worcester County MA

Richard Cole
  • Rental Property Investor
  • Uxbridge, MA
Posted

Hi everyone,

I'm fairly new to BiggerPockets; we joined about 2 months ago or so. My company, Silver Linings Real Estate Solutions LLC currently has some hot deals lined up, but need financing in order to secure them. I have over 35 years of construction experience, performed over 30 rehabs in my career, and have a reliable crew and well built network of subcontractors.

If anyone is interested in connecting, please contact us. We're in the process of making a introductory video for the profile. Feel free to ask lots of questions.

Now time for the breakdown: 

1. 388 High St Webster MA

https://www.redfin.com/MA/Webster/388-High-St-0157...

-2 family in need of major reno. 3100sqft. Unit 1 is 2 bed, 1 bath. Unit 2 is 4 beds, 1 bath. Brand new hot water heaters, furnace, and recently updated electrical. Needs new roof, 2 new kitchens, and baths. Has lots of craftsmen charm and is close to local colleges, the highway, and a newly renovated shopping center.

-ARV: conservatively $204k, Listed at $125k, Offer price: $70k, Reno Budget: $50-85k depending on lender

2. 70 Rochdale St Auburn MA 

https://www.redfin.com/MA/Auburn/70-Rochdale-St-01...

-Single family. 1380sqft. 2 beds, 1 bath near water. Needs full gut. In great area, close to schools, highways, and lots of shopping centers.

-ARV: conservatively $250k, with comps running into the mid $300k range. Listed at $115k, Offer price of $100k, estimated reno budget: $69-80k depending on lender. We try to leave some cushion in case the unexpected arises as it almost always does.

We have other deals we're interested in, but need financing and proof of funds to really make some magic happen. We're experienced and ready to roll. If anyone is interested in connecting or even better-- lending!!-- please contact us.

Thank you for your time.

-Rick and Makay

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