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Updated over 9 years ago,
Purchase Price Secured, Rehab funds needed.
11 Unit, 7,200 Sq. Ft. Building in Michigan
Needs 75-100k in renovations.
Refinance already secured after 80% occupancy reached after renovations.
As is value - $70,000
ARV - $150,000 - $200,000 with a rent roll of $4,000 month.
Would be open to partial split with a seasoned investor in Michigan.