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Updated about 7 years ago on . Most recent reply

User Stats

612
Posts
15
Votes
John Preston
  • Realtor
  • Dallas, TX
15
Votes |
612
Posts

***OWNER FINANCE DEAL IN FT. WORTH FOR INVESTOR***

John Preston
  • Realtor
  • Dallas, TX
Posted

These are two adjacent, single family homes in Ft. Worth. One is 2/1 1272 sqft, and the other is 2/1 916 sqft. There are many new build comps all around which are getting nearly $100/sqft, but rehabbed comps are rare, so we are being conservative with our valuations. However, rental comps are strong at $900+/mo. These would make great owner finance deals as well--great area for it! You could add a 3 bedroom in the larger of the two properties, as there is space for it. Contact me for more information. 214-997-0444


Price: $59,500 (to purchase both)
Rehab: $60,000 for both ($30k a piece)
NPO: $190,000 ($80K for property one, $110K for property two)
Rents: $1850-2000 ($850/mo for property one, $1000-1150 for property two)

Offering

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