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Updated about 8 years ago, 09/23/2016

User Stats

23
Posts
8
Votes
Jason Lawson
  • Charlotte, NC
8
Votes |
23
Posts

Discounted Fix and Flip Opportunity Near Charlotte NC

Jason Lawson
  • Charlotte, NC
Posted

I have a solid rehab opportunity for anyone who is looking for a big project with large returns. This house was built in 1909 and has been completed gutted on the inside. Someone started the project several years ago but never finished. Roof, siding, doors and windows all are in pretty good shape, but the interior needs a ton of work. Estimated rehab costs from a contractor I just sent out there are around $80k. Purchase price is $65k and ARV is between $190k and $220k.

A cash purchase would yield profits of $40k - $70k with an ROI of 27% - 47%. This will definitely be fit for someone willing to take on a big rehab, but the potential rewards are there.

Please contact me for more info.  I have pictures, a walk-through video and the lockbox code for interested buyers.  Need to close by October 10th at the latest.

Thanks,

Jason

Offering

User Stats

22
Posts
4
Votes
Eric Lewis
  • Fort Mill, SC
4
Votes |
22
Posts
Eric Lewis
  • Fort Mill, SC
Replied

Hello Jason, I am interested and would like more information if you don't mind.

Thank you,

Eric

User Stats

102
Posts
12
Votes
Dan Fulghum
  • Flipper/Rehabber
  • Miami, FL
12
Votes |
102
Posts
Dan Fulghum
  • Flipper/Rehabber
  • Miami, FL
Replied

Jason, I sent you a private message.  Thanks. Dan

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User Stats

18
Posts
1
Votes
Chris Cirocco
  • Charlotte , NC
1
Votes |
18
Posts
Chris Cirocco
  • Charlotte , NC
Replied

Jason check private notes. thanks 

User Stats

1,299
Posts
136
Votes
Sean Richway
Lender
  • Lender
  • Chevy Chase, MD
136
Votes |
1,299
Posts
Sean Richway
Lender
  • Lender
  • Chevy Chase, MD
Replied

@Jason Lawson  If you have any buyers that want state of the art financing, feel free to reach out to me. Also, keep us in mind for anything you have directly as well. We are always looking to work with solid sponsors with solid projects!

  • Sean Richway
business profile image
Infinity Capital Finance
5.0 stars
3 Reviews

User Stats

23
Posts
8
Votes
Jason Lawson
  • Charlotte, NC
8
Votes |
23
Posts
Jason Lawson
  • Charlotte, NC
Replied

I'll definitely keep that in mind. Thanks Sean!