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Updated over 9 years ago on . Most recent reply

User Stats

496
Posts
296
Votes
Jesse Rivera
  • Lender
  • Long Beach, CA
296
Votes |
496
Posts

Wholesale Deal in SE Portland - Rehab Project

Jesse Rivera
  • Lender
  • Long Beach, CA
Posted

One of my investor's would like to sell his property. He bought it last year in hopes of rehabbing it, then bought an old Victorian to live in and spent the last year gutting it and rebuilding. He is ready to move on.

Big property with nice upside. 4 bed 2 bath. 1512 sqft on main floor, 1000 sqft on 2nd level, and a 600 sqft unfinished basement with good head height. 3112 sqft total.

I think you could sell it for 450k when done. And that is pretty conservative in this market. I've attached the drawings of what he was thinking of doing. You can do less of course (he was adding master bath and closet). I have schematics as well.

Lockbox is on, email if you are interested or if you have questions.

Offering

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