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Updated almost 8 years ago,

User Stats

469
Posts
262
Votes
Sebastian Marroquin
Pro Member
  • Real Estate Agent
  • Pasadena, CA
262
Votes |
469
Posts

Buy and Hold opportunites (up to 100k+ below market price)

Sebastian Marroquin
Pro Member
  • Real Estate Agent
  • Pasadena, CA
Posted

I have several homes in Pasadena and surrounding cities. Are there any investors that are looking to buy and hold, as we often receive great properties. We get a lot of homes that are intended to be "flips" but many times these homes do not have the $200k margins my flipping investors want to take on, but are at $80K to 150k below market value: these would be great for buy and hold investors. 

Example: 539k purchase price: ARV about $650k (for 1400 sq ft home): rehab under 30k for buy and hold purposes.

I would get this home under contract for about $500k 

We have a lot of homes coming to us with these types of numbers. 

  • Sebastian Marroquin
  • Offering

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