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Updated about 6 years ago,

User Stats

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

Campbell wholesale Deal! 340k profit!

Nathan B.
Posted

Campbell WHOLESALE OFFER!!!

Total price to Purchase: $1,460,000 (including assignment fee)

Net Profit: $340,000

ARV $2,150,000

Rehab 170k

Large .3 acre lot. House is in great condition.

Cosmetic updates only!

Great neighborhood, very quiet street.

3.3 miles from Apple!

Email me or call for details and address!

- 4 mo Hold Time

- 1st Lien: 75% at 10% + 1pt

- 2nd Lien: 15% at 12% + 0pts

- Buyer carry 10% plus float

- $3,000 in Buying Escrow Fees

- 4.5% Realtor Fee on back end sale

Price to Purchase: $1,460,000

Estimated Repair Cost: $170k

ARV: $2,150,000

Profit: $340,000

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.

Offering

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