Does anyone here (with a small amount of hard cash who wants to double it) want to do a deal with me and double your money?
Yep, double. I'm not greedy.
Hold my hand (this first time only) and double your 20k.
I need to learn from you!
I have put an offer in on a little 1,200 square foot foreclosure house (suburbs of Wash, DC) and it is currently tax assessed at $265k. It's the worst house in a great neighborhood. Houses on the same street, two blocks away, are presently listed $100k higher. I live only 2 miles away.
This (abandoned and very vandalized) foreclosure was recently price reduced from $70k. I walked through it with a contractor, before writing the offer, and he estimates it will take $15-20k to bring the house back. It sits on more than 1/4 acre, and the land alone is worth more than the lowered list price. (The block-long lot is potentially sub-dividable, and would actually hold another small home facing the next street over.)
With determination, I have found a way to afford the purchase. However, I don't have a penny to rehab it. Cannot qualify for any rehab (or other) loans. Need a partner. Need to learn from you along the way, as I oversee all of the work.
Happy to explain details of your ROI. Send PM.
I have done the homework. Is there anyone who will help me get my foot in this specific door, plus install brand new doors while we're at it?
Does anyone here (with a small amount of hard cash who wants to double it) want to do a deal with me and double your money?
Yep, double. I'm not greedy.
Hold my hand (this first time only) and double your 20k.
I need to learn from you!
I have put an offer in on a little 1,200 square foot foreclosure house (suburbs of Wash, DC) and it is currently tax assessed at $265k. It's the worst house in a great neighborhood. Houses on the same street, two blocks away, are presently listed $100k higher. I live only 2 miles away.
This (abandoned and very vandalized) foreclosure was recently price reduced from $70k. I walked through it with a contractor, before writing the offer, and he estimates it will take $15-20k to bring the house back. It sits on more than 1/4 acre, and the land alone is worth more than the lowered list price. (The block-long lot is potentially sub-dividable, and would actually hold another small home facing the next street over.)
With determination, I have found a way to afford the purchase. However, I don't have a penny to rehab it. Cannot qualify for any rehab (or other) loans. Need a partner. Need to learn from you along the way, as I oversee all of the work.
Happy to explain details of your ROI. Send PM.
I have done the homework. Is there anyone who will help me get my foot in this specific door, plus install brand new doors while we're at it?