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Updated over 11 years ago,

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Tim G.
  • Rental Property Investor
  • San Diego, CA
1,918
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1,895
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$30k Wholesale Breakdown

Tim G.
  • Rental Property Investor
  • San Diego, CA
Posted

Laydown deal, call came in inherited property.

2116 Lemon Ave. Escondido, CA 92029

Locked up for $304,500

Repairs - $50,000

ARV - $450,000-$480,000 (Tough one to comp out)

Sold for - $335,000 (Assigned the contract, buyer paid all closing costs)

One buyer viewed the deal, I visited the deal once.

Helped relocate the tenant into a vacant house I have available to me for a few months, me and the seller each paid $1,000 for two months rent to help the family friend out who was living in the house. They moved out right away.

Rehab begins April 1st, closed on March 21st.

Deal came from a mailer.

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