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Updated about 10 years ago on . Most recent reply

User Stats

38
Posts
33
Votes
Kirk Gore
  • Attorney
  • Nashville, TN
33
Votes |
38
Posts

Wholesale Deal in Hattiesburg, Mississippi

Kirk Gore
  • Attorney
  • Nashville, TN
Posted

I currently have a house under contract in Hattiesburg, Mississippi (Lamar County) that I'm looking to wholesale. It's a 2101 square foot 3 bed 2 1/2 bath brick ranch built in 1975 in a B neighborhood. 

ARV is between $100-110k. I'm a licensed realtor so I'll be happy to send comps and a CMA to anyone interested. My brokerage just sold a HUD foreclosure a month ago on the same street with the same square footage that appraised for 108k and sold for 90k.

Market rent in the neighborhood is $1000-1100. 

Total rehab costs would be around 15-20k.

I'm asking 56k.

Please PM with any and all questions!

Offering

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