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Updated over 9 years ago,
Opportunity in Arkansas
Would you be interested in a seller in Jacksonville, Arkansas. I have looked at the costs to develop contracts that I am comfortable with for the state and for a one of deal do not think it is money well spent. If the property was in an area where I currently have rentals, it would be different and with the air base in that area, It could be an area that I spend some time looking at in the future.
In a nut shell the property 2/1/856SF, pier and beam, built 1945. The roof is 4 years old, paint and carpet less than 1 month. There is a leaking pvc fitting on the fresh water inlet under the house. The property is located 2 miles from the air base and I believe it would rent at $450.00/month.
The ARV is $36,808
Repairs $500
There is no mortgage and the owner is not interested in owner finance.
I would give you the introduction for a gentleman's agreement that when the deal is done, you would send me a finders fee.