Tuesday, April 29, 2008

Here are a few properties I have seen that should be profitable.

MLS #: 794509 List Price: $199000 Offer Price: $199000 Concessions: $4,500 Seller Paid Closing Costs Notes: Less than $100 per sq. foot on a newer home in WJ. Can't beat that Objective: Fix and Flip, Rental


MLS #: 794186 List Price: $199900 Offer Price: $195900 Concessions: $3,500 Seller Paid Closing Costs Notes: Home is located in a good subdivision, comps out at over 215k. Objective: Fix and Flip

MLS #: 793016 List Price: $174900 Offer Price: $176856 Concessions: $5,000 Seller Paid Closing Costs Notes: House is located in an all multi-unit neighborhood. Rents should be able to cover mortgage payment and cashflow a few hundred bucks, and there is enough equity to try and flip it. Comps at 190-215k Objective: Fix and Flip, Rental

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