Dallas-Fort Worth Real Estate Investor Club

BIG flip opportunity

  • 25 Jun 2018 3:51 PM
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    Message # 6341609
    Deleted user

    Are you or anyone that you know interested in purchasing and finishing out this a 17,000 SF home in Cedar HIll? 
    I'm working with sellers who used their lifes savings to try and build a home, but they ran out of money.  The appraised value of the property in its current condition is $700K and the ARV will be around $2M.  Please see the pictures attached and let me know if there is any other information that you may need.  I have foundation and post tension plans, soil test report, structural engineers report on soundness of the property. I can be reached at delario@realty.social or you can call me directly at 214-531-0402 

    13 files
    Last modified: 18 Jul 2018 1:25 PM | Deleted user
  • 16 Jul 2018 3:42 AM
    Quote
    Reply # 6382755 on 6341609
    Anesia Carson
    DeLario Bolton wrote:

    Are you or anyone that you know interested in purchasing and finishing out this a 17,000 SF home in Cedar HIll? 
    I'm working with sellers who used their lifes savings to try and build a home, but they ran out of money.  The appraised value of the property in its current condition is $700K and the ARV will be around $2M.  Please see the pictures attached and let me know if there is any other information that you may need.  I have foundation and post tension plans, soil test report, structural engineers report on soundness of the property. I can be reached at delario@realty.social or you can call me directly at 214-531-0402 

     What comps do you have to support the ARV of $2M.  It is the largest house on that street.  You can email me at anesia2814@gmail.com or call me directly at 832-773-8249.
    Last modified: 16 Jul 2018 3:45 AM | Anesia Carson
  • 17 Jul 2018 12:01 PM
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    Reply # 6385633 on 6341609
    Chris Winkler

    The word "basket case" comes to mind...
  • 17 Jul 2018 1:22 PM
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    Reply # 6385821 on 6385633
    Neil Aggarwal
    Chris Winkler wrote:

    The word "basket case" comes to mind...


    It definitely seems like a big risk, but I guess someone might take the adage big risk, big return.
    I feel bad for the people that spent their life savings and got in over their heads.  They will
    probably end up losing a bundle.

      Neil Aggarwal
      Property Financing, LLC
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