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Updated almost 7 years ago,

User Stats

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

***SOLID BUY & HOLD DEAL IN MESQUITE, TEXAS***

John Preston
  • Realtor
  • Dallas, TX
Posted

Rental or Owner Finance play! Fix up and rent or Sell-as is to an owner occupant. I believe that to be the best play for long term return. In my professional opinion, I think it is too tight to make a decent profit on a flip unless someone was to do all the work and not pay a GC or contractors.


BROKER PRICE OPINION*: $149,000
All in Price: $109,000 (WE PAY THE CLOSING COST)
Estimated Rehab: $20,000

*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.

John Preston | Licensed Real Estate – 688609

M: (903) 576-6360 O: (214) 997-0444

NetWorth Realty of Dallas-Ft. Worth, LLC

www.networthrealtyusa.com

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