Updated over 7 years ago on . Most recent reply
Seeking Hard Money for Short Sale/Rehab Riverside, Ca
Seeking private/hard money for a short sale that is not able to be financed by a bank. I believe that this deal has a lot of upside. The home looks like it was vandalized by the previous tenant or owner so a lot of walls/ceilings need to be repaired. Home was built in 1988 and does not appear to have been updated since. They are asking $420,000 but its been on the market for around 6 months. County assessor says its worth $298,000. I believe I can get it for around $350,000 or hopefully less. Comparable properties in this market in good condition are around $480,000,
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