Cash Flow In Long Beach

Check this out, it will be worth your time.
3BD beautiful single family house in Long Beach.
Wholesale Price (includes fee) $149,900

Est Comps 210,000
.

Bedrooms: 3
Bathrooms: 1
Sqft: 912
Lot size: 2,178 sq ft / 0.05 acres
Property type: Single Family
Year built: 1923

Yes this property is free and clear and another wholesaler has it under contract. Looking to do a simultaneous closing.

What makes this a great investment is the unique financing situation. The property has a long term tenant and is receiving section 8. She is a very proud occupant who treats the property as an owner, so the property is in incredible condition. It is not a fixer upper, it is what I call "Buy and Receive." The city of Long Beach is responsible for $1,542.00 and the tenant pays $47.00. The taxes are really low and no HOA.

Great investment for someone who is in position to hold the property. A great investment and someone can actually benefit and help a family by offering affordable housing, "WIN WIN!!" So here is the address, information and pictures, and I look forward to your response.


1847 Lindsley Ct. Long Beach, CA 90806
http://s1140.photobucket.com/albums/n569/briawormley/?action=view¤t=longbeachbath.jpg


http://s1140.photobucket.com/albums/n569/briawormley/?action=view¤t=longbeachmaster.jpg


Comps:
1850 Olive Ave $234,900 05/19/2011 3 1.75 1,037 3,999 1912

1960 Myrtle Ave $210,000 05/06/2011 2 1.0 1,156 6,750 1915


More pictures.

http://s1140.photobucket.com/albums/n569/briawormley/?action=view¤t=longbeachkitchen.jpg


http://s1140.photobucket.com/albums/n569/briawormley/?action=view¤t=longbeachhouselivingroom.jpg

http://s1140.photobucket.com/albums/n569/briawormley/?action=view¤t=longbeachhouse2.jpg

http://s1140.photobucket.com/albums/n569/briawormley/?action=view¤t=longbeachhouse1.jpg


Fernando
Acquisition Director
424.259.3733


CASH or HARD MONEY ONLY

Note: Please do your own due diligence. This information is provided to the best of our
knowledge and we make no guarantees to the accuracy of this data.

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