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Category: Rehabbing Fun Current Grade: A Total Views: 1071 Member Comments: 0 |
Posted on: 09/28/2007 Posted by: RiyahsDream12 Blog Points: 4263 View all blogs >> |
Have been presented with a nice deal : 4 - Unit bldg / 2-bds ea unit / 2580 yrly tax / rents in the area for apt are (400-500) month. Have taken a casual walk through of the bldg. I would assume from what I was able to make out about (30k) in rehab. Can purchace the bldg for 17.9k am preparing offer 12.5k.
Any interested parties that wanna vetnure this one together? Not a quick flip, although very possible, I am thinking (2) maybe (3) year hold of a combined investment of (50k) for a compounded return of 45% or higher.
Woodside Avenue
Cleveland, Ohio 44108-2475
Interested please forward all inquires via email
RiyahsDream12

