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Anson Young
  • Flipper/Rehabber
  • Denver, CO
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Aurora CO wholesale - 71% of LTV after fix for flip

Anson Young
  • Flipper/Rehabber
  • Denver, CO
Posted Mar 7 2011, 06:06

4/2, 1823sf, 2 car garage, bi-lvl., close to mracheck middle and rangeview high school.
2-3 great ARV comps for same house in same neighborhood fully fixed up within last 4 months is $175k. I would lean towards $165k being more conservative, personally.

Fix is $15-18k, very clean inside and out, actually 99% rental ready if you are into that, rent is $1250.

Price is $98k, ARV $165k, Fix $18k, 71% LTV after fix.

Would be LLC buyout, closing in 3 weeks or so.

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