Option 1: 50/50 All Cash Private Investor Total Cash Investment $101,000 Investor’s Profit: 13,500 Option 2: Gap Funds with Hard Money Lender in place Hard Money Lender Contribution $78,000 Total Gap Investment $26,000 Gap Funder’s Profit: $7,000 Option 3: Wholesale Opportunity Total Purchase Price Including Wholesale Fee $90,000 The property is located at 58160 Delano Trail Yucca Valley, CA. This is a growing community. I flipped a home close to this one in 2012 in about 3 months. There are 3 bedrooms and 2 bathrooms. The home was built in 1979 and has 1,200 square feet of living space. We have an advantage because it has the biggest lot size of all comps. The lot is 18,000 square feet. The ARV (After Repair Value) of this home is $140,000. The comps are NOT upgraded or rehabbed. Important Dates: EMD Due Date: 01/20/2014 Contingency Period Ends: 01/20/2014 Target Close Date: 02/21/2015 Projected numbers are based on estimates and evaluations made by the drafter of this document. You should consult your own professionals for advice regarding the projections. You understand that the drafter is not making any professional recommendations whether accounting, legal, real estate, or otherwise. Greg@fixandflippers 858-386-0949
Posted on: Wed, 21 Jan 2015 19:31:53 +0000
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