San Jose WHOLESALE OFFER!!
212k in profit potential!!!
purchase price 1,125,000
ARV 1,645,000
rehab cost 160k
5 bed / 3 bath 1,976 SF Single Family Home in San Jose 95124
Huge corner lot - 9,800 SF
Large home in a very hot area of San Jose. Only miles from the new Google Campus!
10 miles from Apple Campus!
Highly appreciating area!
Price to Purchase: $1,125,000
Estimated Repair Cost: $160,000
ARV: $1,645,000
4 month hold time
Financing:
75% at 10% interest 2 points
15% at 12% interest
and 10% Float
Realtor Commission at 4.5%
Potenial profit $212,576
Simply by listing yourself on the back end and reducing realtor commission to 2.5%…
Net Profit: $224,631
Important Notes:
- I signed a valid purchase and sale agreement with the seller of the property which allows me to assign my rights to purchase the property. I am not currently the owner of record of the property, so I am only selling the contract and my right to purchase the property.
- Close of Escrow planned for 9/27
- No deaths on property
Provide to Me:
- Proof of Funds
Once Pre-Qualified I’ll Provide:
- Terms of Deal / Contract
- Property Card
- Repair Estimate
- Comparable Sales
- Pictures of the Property
Serious buyers only please! Great property with profit to be made. Contact me ASAP 408-892-7484
Nathan Basista