Dallas-Fort Worth Real Estate Investor Club

Weatherford area home at 50% ARV

  • 11 Sep 2009 8:45 AM
    Message # 217845
    Deleted user
    I have got a great deal negotiated.  1355 square foot home.   1.5 acres.  Sales price is 70k.  ARV values anywhere from 140k to 160k.  It depends on how nice you make it.  It is a home that was built in the 40's.  One owner, but it needs lots of work.  I don't think it has been updated in 40 years.  It will have to be a cash deal.  I am not sure that it would qualify for a mortgage unless you have a hard money lender or banker that will work with you.  I only have a few days to assign this property, so if you are interested, give us a call asap.  Low assignent fees.  817-441-6177 or joe.mcintyre@realliving.com
    Last modified: 11 Sep 2009 8:45 AM | Deleted user
  • 11 Sep 2009 12:07 PM
    Reply # 217920 on 217845
    Deleted user
    Joe McIntyre wrote:I have got a great deal negotiated.  1355 square foot home.   1.5 acres.  Sales price is 70k.  ARV values anywhere from 140k to 160k.  It depends on how nice you make it.  It is a home that was built in the 40's.  One owner, but it needs lots of work.  I don't think it has been updated in 40 years.  It will have to be a cash deal.  I am not sure that it would qualify for a mortgage unless you have a hard money lender or banker that will work with you.  I only have a few days to assign this property, so if you are interested, give us a call asap.  Low assignent fees.  817-441-6177 or joe.mcintyre@realliving.com

    Pics? Address?
  • 14 Sep 2009 10:04 AM
    Reply # 218591 on 217845
    Deleted user
    I will later today or tomorrow.  I have 3 people looking hopefully today.  I will wait to see what happens with them.  The weather has slowed everyone down.  Thanks
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