Tenant occupied. No work needed. Cash flow play.
Rehab: $2-5k (paint)
Rent: $750 (current)
Sales Price: $78k
**Disclosure: We are in possession of an assignable Purchase & Sale Agreement that will allow us to purchase this property. We are offering the contract for purchase, as we hold an equitable interest in the contract. We may choose to assign at closing, or, double close. The price includes both the contract purchase as well as the original property purchase. Regardless, the closing process at the title company is the same as usual. We have already opened escrow and started the file, and intend to purchase this property whether we re-sale to you or not.
No conventional financing allowed. Cash, HELOC, or private lending only. We may consider an offer if you have a very cooperative hard money lender. Price is net to the seller, buyer pays all closing costs, property sold in as-is condition, the buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Agents, please add your commission to the price when marketing to clients. Wholesalers, please contact us if you have interested buyers. The opinion of value is given as a courtesy only, as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.