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Updated over 15 years ago, 03/20/2009

User Stats

31
Posts
1
Votes
Stephen Hare
  • Real Estate Investor
  • Dyersburg, TN
1
Votes |
31
Posts

Package Deal

Stephen Hare
  • Real Estate Investor
  • Dyersburg, TN
Posted

Hello,

I just came across a deal, not quite sure if it's a bank owned but I believe so because that's who's listed on tax record.

There is 2 houses each on about 1/2 acre 3 doors down from each other. One is a 3bdr One is a 2Bdr, they want $22,000 for both properties. Will need to get a closer FMV but it's around $51,000 and $54,000 fully fixed up and ready to rent/sell. They both need work, estimates not determined but I'd put it on the high end. They're in pretty rough shape, one looks like it needs a roof. Both need siding, havent' been inside but peeking through the windows revealed it was pretty decent inside.