My partners and I bid on foreclosure properties and are getting them at 50%-70% of ARV. These properties are located in an area that has multiple military bases and rent for about $1000 per month. We are actively looking for buyers who want to buy and hold. We will acquire, rehab, and property manage the properties. Below are the stats for one of them that we are closing on today:
1610 Darren Cir
Portsmouth, VA 23701
ARV $104,350
3 BED, 1 ½ BATHS
1202 SQ FT
PRICE: $39,000
REHAB COSTS: $9,000
RENT: $1000 PER MONTH
HOA: $163 P.M.
TAXES $1520
Pleas PM me
Thanks,
Kat
__________________
Sent you a PM. Thanks!
Dominic
Are you new? Check out my NEW and IMPROVED Guide for Beginners! http://deangraziosi.com/real-estate-forums/everything-else/128413/domini...