Wholesale Property Example 1

Property/Area Features

Type of Property: Single-Family Home

Address: North Haven Drive

City/State: North Highlands, CA

Bedrooms/Bathrooms: 4 bedrooms, 1 bathroom

Size: 1,120 square feet (approx.)

Cash Purchase Price: $85,500 (40% below market!)

Estimated Repairs: $15,000

Estimated After Repair Retail Value (ARV): $142,000

Misc: Great property with large lot tucked away in North Highlands.  Don’t let the grafitti fool you,  the bones on this property are in excellent condition including dual pane windows throughout.  The repair estimate is based on what it would take to bring this property up to “cherry condition”. The submarket neighborhood is in huge demand due to its close proximity to schools, parks, and public transportation  Perfect opportunity for either long-term hold or short-term flip.

NOTE #1:  Our Wholesale Properties are primarily ‘as-is’ single family homes (and periodically duplexes, triplexes, and four-plexes) in solid neighborhoods, with instant equity and great cash flow.  Properties will typically be light to medium fixers, and priced 20 – 50% below After-Repair Value (ARV).  Terms of purchase: Cash.

NOTE #2:  If you live out of the area, we have a team on the ground that can manage and oversee the entire process for you.  We can acquire the property, manage the rehab, and then sell or rent the property on your behalf so it’s a simple push-button process for you!

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