Single-family residence in Crestline, CA Purchase price: $80,000.00 Cash invested: $0.00 Sale price: $115,000.00
We received a referral. Vacant cabin, seller not well, wanted to off-load asap.
Initially they wanted $100,000, we signed a contract at $80,000 with all the intentions of flipping it. I almost thought of keeping it as a rental and a get away home.
While walking the property, the neighbor came by to take a look and asked me how much I wanted for it. I threw out a quick number of $120,000, and he came back at $115,000.... We closed 12 days later.
Is this a whole sale deal in Crestline? Can I get the details on it? Also if you get any others feel free to let me know, would love to hear about them.
@Mel Anic Hey Mel, no its not. I was just updating my profile, adding it to my list of deals and for some reason it wants to post it in a forum... now i can't delete it.
Oh! haha just now read it. Great work!
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