Single-family residence other investment.
Purchase price: $3,500,000
Sale price: $5,200,000
This is a combination buy and hold/fix and flip. Currently looking for an investor/lender for $750K at 3.5% - 5% interest only annualized. With an up to 15% profit after sales dependent on the interest only amount you choose.
What made you interested in investing in this type of deal?
How did you find this deal and how did you negotiate it?
Local agent and very well.
How did you finance this deal?
Looking to finance.
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