Viewing 1-2 out of 2 blog(s)
wholesale. 50 cents on $ easy money
Date: 07/16/2007 / Category: Big Deals
,
Current Grade B
Preview:
4819 Rickard , Memphis TN 38116 has an ARV of $72,000.00 and I'm wholesaling it for only $38,000 (about 50 cents on the dollar). It's a 3/1 with workshop. It's located in a very nice neighborhood in whitehaven, which has great appreciation. This house will make an ok retail flip, but I think it will make a better rental. It needs very little work(less than 3k) and should rent quickly.
This house will rent for $700/mth(maybe 750) and I estimate your note to be about $401 PITI (100% @ 8%), which puts your cash... continue reading >>
buyers list
get on my buyers list. i wholesale an average of 2 properties a week, and i also average doing one rehab a month. if you are interested in great wholesale deals in memphis TN, send me an email. i wholesale rentals which will cash flow at least $200/mth for sfh, have at least 25% equity, and at least 25k equity. most of my rehabs i offer are around .50cents on the dollar, and have at least 25k profit after expenses. email me at jdsproperties@gmail.com