Offlineover 4300sq ft for $165k
Unbelieveable! IF you dont think deals are out there,check this out.
This house sold new in 2006 for over $430,000, went to auction and didnt sell=REO
Bank wanted $280k,negotiated price to $165k=
purchase price was around $38sq ft.
Repairs $7000 ARV= $285k+
4bd, 3.5 bath, 4car garage,hardwoods,office,sitting room,crown molding,granite,the works!
No damage, just needs some paint and carpet cleaned, had kids and they scribbled on some doors and walls
NOTE: This deal was supplied by REAgent,important asset to your power team. Let the deals come to you.
__________________
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
Great numbers. Are you going to wholesale it or go for the gold with a retail sale!!!????Jan
Hi Mike way to go and yes there are deals out there and even saying that you proved it, Jim
jbischoff
You struck GOLD!! I see it shining from over here! LOL Congratulations!!
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
Mike,
very nice- I agree with you, there are plenty of great deals out there; we just have to look for them; still, this deal of yours... is a very big deal!
congrats!
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
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What are you planning to do? fix'n'flip?
What's its current value in today's market?
Tom and Jeri
www.TuCasaInvestors.com
www.TuCasaRealtyllc.com
Sounds like a great deal Mike, what are your plans for it. Is it a good neighborhood? Would make a great flip.
Cathy B
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Awesome deal! What part of the country is it located in?
Chris
Chris
"Faith is the eternal elixir which gives life, power, and action to the impulse of thought.
"Faith is the starting point of all accumulation of riches!"
- Napoleon Hill, Think and Grow Rich
WOW loving that!! way to do it!
For thou, O God, has proved us thou hast tried us, as silver is tried. Thou broughtest us into the net, thou laidst affliction upon our loins. Thou has caused men to ride over our heads, we went through fire, and through water, but thou broughtest us out into a WEALTHY PLACE. Psalms 66:10-12
Congrats on your steal of a deal.
Sandra
"You can never get to the top, if you are not willing to climb. Do not look at the difficulty of the climb, only anticipate the view from the top."
"Can't even walk without you holding my hand." (Song)
"Is anything too hard for the Lord ..." Genesis 19:14
"In all things, wait on the Lord."
"Think not of your own deliverance, but trust in God who will give in abundance."
"When you are down to nothing, God is up to something." Unknown
"Our lives begin to end, the day we become silent about those things that really matters." Dr. Martin Luther King Jr.
Now that's a deal!!!
Shirley
Everything works out in the end. If it hasn't worked out, it's not the end.
You have not lived a perfect day, unless you have done something for someone who will never be able to repay you. Ruth Smeltzer
It is what it is 'til you change it.
That's a great deal! How did you find the property and what are your plans to profit from it?
Joe
Think less, Do more, Get results. - Dean Graziosi
http://www.rcmfunding.com
http://www.StopForeclosureOptions.org
http://www.RichardsCapitalManagement.com
Looking forward to hearing exit details. Thank you for posting!
Dan
www.danbuyshomesfast.weebly.com
don't you just love this business?
the deals are out there. you just have to keep turning over the rocks to find the gems.
keep moving forward, rob
whether you think you can or you think you can't, you're right.- Henry Ford
keep moving forward, rob
That sounds like a sweet deal, nice size for a family,what state is property in and would you benefit by flipping? I am just starting out so I am excited when I see all these awesome deals made.
Mrs. Connie Farkas
Wow nice grandslam out of the ball park for sure. Congrads on that one for sure I just got a feeling my next deal is going to be nice also, its one day closer for sure, 2012 is really starting out hot and will be getting better for sure. Spring training starts soon it's only a matter of weeks away. Now is a Fantastic time to get in the game for sure, don't get left on the bench watching the others players win....John H.
"Action and Mistakes" always-outweigh "Analysis Paralysis"
...Just do It"
http://www.linkedin.com/pub/john-hoening/23/2a3/164
"Action+Knowledge=Success....$$$$$$$$$.....
www.WeFlipDesMoines.com http://facebook.com/desmoinesinvestmentproperties
www.iowarealestateflipper.com
Congratulations. Can't wait to hear your exit strategy and how you profit from it. Thanks for posting about it! It keeps us all hopeful.
Life is full of choices, and these choices become your reality... YOU are in control of your future! YOU decide the direction your life will take. YOU have to make things happen, no one will do it for you!
When opportunity knocks, will you answer?