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Updated about 6 years ago,

User Stats

138
Posts
43
Votes
Jenell Poncabare
Pro Member
  • Investor
  • Jacksonville, FL
43
Votes |
138
Posts

Sellers moving out of state

Jenell Poncabare
Pro Member
  • Investor
  • Jacksonville, FL
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $197,000
Cash invested: $35,000

This lovely 1910 home offers 3 (could be 4) bedrooms, 2 full baths with almost 2, 000 square feet. Downstairs has high ceilings throughout, a beautiful staircase, original 5 panel doors, french doors, an extra large kitchen, dining room, family room, bedroom, full bath, indoor laundry and tons of storage. Upstairs has 2 more bedrooms, a full bath, an office and lots of closet space! Don't miss the partial basement. With a pest and roof cert, this beauty is ready for any financing options.

How did you find this deal and how did you negotiate it?

Direct mail

How did you finance this deal?

Hard money

How did you add value to the deal?

Cleaned out and thoroughly cleaned the interior. Completed all pest work and replaced roof. With a roof and pest cert this place will be easy for someone to finance.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Lederle Construction was the GC on the job. He did great, fast work.

  • Jenell Poncabare