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Updated over 6 years ago,

User Stats

17
Posts
7
Votes
Nathan B.
7
Votes |
17
Posts

Wholesale Investor Opportunity!165k PROFIT! Easy Rehab!-Los Gatos

Nathan B.
Posted
Los Gatos Almaden Road WHOLESALE OFFER
Price to Purchase: $1,090,000

Estimated Repair Cost: $96,000 ($80k + 20% Contingency)

ARV 1.5m

Contact me ASAP 408-892-7484 - Nathan

Very Clean home, well taken care of no trash, clutter.
ONLY COSMETIC REHAB NEEDED!!- GREAT CONDITION!!
WILL GO FAST!
3 beds and 2 Full baths, Open Floor Plan
1233 SF of living space and 7000 SF lot with large backyard.
Amazing school district - very close to Alta Vista Elementary, Union Middle & Leigh High School (between 0.3 miles and 0.9 miles away)

15minutes to Apple and 20minutes to Googleplex
Highly appreciating area!

All estimates are conservative to include the following:
- 4 mo Hold Time
- 1st Lien: 75% at 10% + 2pts
- 2nd Lien: 15% at 12% + 0pts
- Buyer carry 10% plus float
- $3,000 in Buying Escrow Fees
- 5% Realtor Fee on back end sale
Price to Purchase: $1,090,000
Estimated Repair Cost: $96,000 ($80k + 20% Contingency)
ARV: $1,500,000
Net Profit: $165,581
ROI: 12.41%
Simply by listing yourself on the back end and reducing realtor commission from 5% to 2.5%...
Net Profit: $203,081
ROI: 15.66%

Important Notes:
- I signed a valid purchase and sale agreement with the seller of the property which allows me to assign my rights to purchase the property. I am not currently the owner of record of the property, so I am only selling the contract and my right to purchase the property.
- Close of Escrow planned for 9/20

Provide to Me:
- Proof of Funds

Once Pre-Qualified I'll Provide: - Disclosures/ Inspections
- Terms of Deal / Contract
- Property Card
- Comparable Sales
- Pictures of the Property

Serious buyers only please! Great property with profit to be made. Contact me ASAP 408-892-7484 - Nathan

Offering