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Updated about 6 years ago on . Most recent reply

User Stats

456
Posts
454
Votes
David Oldenburg
  • Lender
  • Granite Bay, CA
454
Votes |
456
Posts

(SOLD) $100K Under Market 4/2 FIXER Sacramento

David Oldenburg
  • Lender
  • Granite Bay, CA
Posted

This is a great opportunity on a 4/2 1556 sq ft fixer in a very nice neighborhood.  It needs a complete interior remodel, meaning new kitchen, bathrooms, flooring, paint, doors etc... I am also a very experienced flipper.  My cost would be $40,000 if I flipped it... and I can break down exactly how I would do it for $40,000, including my suppliers etc...

The roof, HVAC and dual-pane windows are 7 years old and the home appears to have little to no dryrot. I am inlcuding pics below. It was just listed on MLS, but many of those buyers tend to not be serious. I am seeking an all cash or similar offer with a fast close.

I do have a private lender who will finance it at 12/3, but that may be somewhat negotiable, or lower rates if you have a larger down payment.  I bought this in probate from the family. There was a death of natural causes over 2 years ago on the property. 

Feel free to respond and ask me any questions or private message me.

David Oldenburg

RE/Broker

License 01131887

Offering

Most Popular Reply

User Stats

456
Posts
454
Votes
David Oldenburg
  • Lender
  • Granite Bay, CA
454
Votes |
456
Posts
David Oldenburg
  • Lender
  • Granite Bay, CA
Replied

Update: This property SOLD on 01/11/2019 for $315,000. If you are a buyer in the Sacramento or Placer County area and want to be on my list, please private message me.

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