***BUY, FIX, AND OWNER FINANCE IN FT. WORTH, TEXAS***
Big house in an upcoming neighborhood, with a detached 2 car garage. Be great for Owner Finance income. I put a heavy rehab budget on this thing to get it done right. I allocated funds towards things that might not need much if any work, like electric and plumbing, just to be safe. We are surrounded by new builds. I pulled the 3 closet new builds sold as comps all much smaller than us. I also pulled active neighboring listings to show how much construction is going on and how close it is to us. For owner finance the selling point will be the sheer size of this house coupled with fresh remodel in an upcoming neighborhood.
Broker Price Opinion*: $145,000
All in Price**: $63,000
Est. Rehab: $56,000
*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.
**Networth Realty now pays all standard closing cost excluding lender fees, HOA fees(if applicable), prorated taxes, insurance, or any other buyer elective expense.
John Preston | Licensed Real Estate – 688609
M: (903) 576-6360 O: (214) 997-0444
NetWorth Realty of Dallas-Ft. Worth, LLC