Wholesale property example 3

Property/Area Features

Type of Property: Single-Family Home

Address: Penwith Way

City/State: North Highlands, CA 95660

Bedrooms/Bathrooms: 3 bedrooms, 2 bathrooms

Size: 1,126 square feet

Client Purchase Price: $115,000 (26% below market)

Estimated Repairs: $3,000 (cosmetic fixer, almost in move-in condition)

Estimated After Repair Retail Value (ARV): $155,000

Misc: Great property for an investor or family tucked away in North Highlands.  Exterior has newer roof and updated vinyl, new doors, and newer stucco.  Interior features hardwood floors, upgraded kitchen, and crown molding throughout.  Perfect opportunity for both 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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