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Updated over 11 years ago on . Most recent reply
Need Cash Buyer for HUD Flip
I have a property under contract with HUD right now in California. I need a cash buyer to purchase it from me. The price is $525,000 and the profit is $60,000 gross and about $40,000 net if you plan on remarking through the MLS. I prefer a cash buyer who can close it quickly. The profit is yours on resale once you have put in carpet and repainted. It is a straightforward flip.
Full details are here at http://www.discounthousesusa.com
Click the California page and it is the 2nd property in Thousand Oaks.
Please advise asap if you are interested in buying the home.
Regards,
Scot King
Broker