I have a property in an up and coming neighborhood under contract.

The bank's listing price for this REO was $30,000 and I am wholesaling it for only $22,500.

The ARV is about $75,000 (Zestimate is $78,500)

We got a rehab bid for under $15,000

All in cost is $37,500

LTV only 50%

It was rented for $675/month, so cash flow is $253/month

It could be rented for more after rehab since the my property manager told me its in a good neighborhood which is getting even more desirable.

Referral fee available if you can find me a buyer.

For more info and photos, please check out my website at www.vantagerei.com

There are also cash flow properties for sale - they are turn key, already rented houses and duplex.