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Updated almost 13 years ago,
Full price offer.
Just wanted to share some success...just got a full price offer on one of our rehabs.
My purchase price: $148,900
Rehab: $29,000
Carrying/Origination: $7,945
Real Estate Commissions: $11,445
Total investment: $197,290
Sale Price: $228900
Concessions: $5800
Net offer: $223,100
Estimated Closing costs: $2000
Estimated Net Profit: $23,810
Check it out at:
[url]http://tours.hotshotpros.com/public/vtour/display/48905
We have owned this property 90 days. It went under contract in 43 days.
CP