Zero-Down Condo Shell

Investment Info:

Condo fix & flip investment.

Purchase price: $45,000
Cash invested: $4,200

700 sq ft raw framed shell condo at Pleasant Street Manor, Charlotte MI. Zero-down seller financing available; buyer covers ~$4,200 to close. First 12 months HOA waived by seller ($4,800 value). MLS #20261056946.

What made you interested in investing in this type of deal?

The seller identified strong upside in a raw shell unit inside a newly converted 7-unit condo building, where finished comparable units are already listed from $115,000–$139,900.

How did you finance this deal?

Seller is offering direct owner financing to the buyer — zero down payment, buyer's cash to close is roughly $4,200.

How did you add value to the deal?

Seller structured a zero-down financing package plus a first-year HOA waiver ($4,800 value) to make the shell accessible to a rehab-focused buyer without bank financing.