Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

24
Posts
2
Votes
Kendell Johnson
  • Wholesaler
  • Englewood, CO
2
Votes |
24
Posts

Denver Square Fix/Flip with Passive Income Opportunity

Kendell Johnson
  • Wholesaler
  • Englewood, CO
Posted

$$$$ WHOLESALE FEE REDUCTION $$$

!!! Offer accepted and EMD has been submitted !!!

Purchase Price = $560,000 (Includes wholesale fee)

Rehab = $100,000

All Fees & Taxes = $58,300 (includes REA commission)

ARV = $780,000 (VERY conservative-average selling price in neighborhood is +$850,000)

PROFIT = $61,700

Property includes a main 2 story 3 bed/2 bath residence PLUS a 2 bed/1 bath basement apartment

Structural Engineering Report found NO significant defects

Numbers above do not include points & interest for a loan

**Passive income opportunity for the Mother-in-Law basement apartment of $1,100***

Offering