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Updated over 10 years ago,

User Stats

122
Posts
26
Votes
Mike Hepburn
  • Flipper/Rehabber
  • Toronto, ON
26
Votes |
122
Posts

Chicago - Six House Package @ .48c - Bulk or Singles

Mike Hepburn
  • Flipper/Rehabber
  • Toronto, ON
Posted

Take Your Pick Of Six Chicago Properties @ .48c the dollar (To Verify)
Urgent Highly Motivated - Bulk or Single Purchase - Three of Them Need no Rehab

OK, so here's the deal. The current buyer dragged this deal out for over 2 months,then failed to perform. The sellers are desperate.
Trust me....... this one gives a whole new meaning to 'MOTIVATED SELLERS'.
One has a medical emergency that needed to be taken care of weeks ago, plus there are some back taxes and water bills that need to be paid ASAP.
BUT.............. Even after all of the Fees, Taxes, Water Bills, and the actual ridiculously low purchase prices are paid, you're still getting this package at only .48c cents on the dollar!

Purchase $283,600.00
Rehab $60,000.00
Assignment Fees $25,000.00
Back Taxes Due $6,500.00

PAID BY SELLER
City Water bill due $1,250.00
Back Taxes Due $6,500.00
BUYER'S TOTAL COST $ 368,600.00
TOTAL ESTIMATED VALUE $ 761,000.00
LTV% 48.43%

Please PM For Direct Link To All Info

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