Atlantic City Fix n Flip/Rental Deal

[Dontae Jenkins]

Investment Info:

Single-family residence wholesale investment in Atlantic City.

Purchase price: $25,000

Uptown Atlantic City Area Single Family Home 3 Beds, 1 Bath, 2 Stories, Backyard Shed (shed would need a new roof) (opportunity zone)
Renovations Done 3yrs ago
- new plumbing, electric, hot water heater, furnace
Owner says if needed they have someone local that can do the minimal remaining rehab.
Tenants in current photos will be out 10/1/19
The property also has room for fix n flip profit!
Price $25,000
ARV ranging from $55,000-$85,000
Rehab $20,000
519 Graff Ln Atlantic City, NJ

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

Put it under contract with the owner