Property for Wholesale

[Ira Dallam]

All,

I have a property for wholesale, located in Stafford, VA, 2min from RTE 1, 10 min from I-95 and VRE. It is a condo/Townhouse, 2bd/2bath and in a great neighborhood and great schools. It needs minor repairs: paint, carpet, kitchen cabinets (according to the photos) but appears to be an awesome rental property and/or potential flip. I simply don't have the time/resources to oversee a rehab so I'll let it go for $5K.

Let me know soonest..I plan to offer it up to my REIA on another blog. Below are my numbers...feel free to dissect my methodology, however the ARV is pretty consistent with the market in that area over the past 6-12mos.

Email if interested.

Thanks..

Ira

PURCHASED PRICE	115,000
REPAIRS	10-15,000.00
TOTAL INVESTED	130,000.00
ARV	155,633.33
POTENTIAL PROF:	25,633.33