Thursday, January 26, 2012

Rehabbers Needed in North Hollywood.

How will this work for you?



SFR

Property is under contract
and ready to be assigned.


7062 Coldwater Canyon Ave., North Hollywood, CA 91605

Bedroom: 2 / Bathroom: 1
1,258 sq-ft / 6,306 sq-ft lot

OVERVIEW: Vacant, Zoned RD-2 with illegal 2nd unit in back (must see). Has multiple exit strategies. Potential cash flow, or quick fix and flip. Buyers to check permits.

Standard Sale, Seller Motivated


Price: $220,000
Repairs: $35k to $40k
ARV: $356,000 - $380,000

Their are 3 options on profiting from this.
Which works best for you.


Option #1. ​Keep existing lay out - property looks worse than it really is. ROI will be lower.

Option #2. "Adding the Love": Remodel and rehab the whole house. Add additional bedroom and bathroom to pull out the highest ROI.

Option #3. Highest and Best (This model is for advanced investors only): Building is zoned RD-2. You can build a new duplex with room of 4/2 each. Cash flow it and refi-cash out.

DUE YOUR DUE DIL AND MOVE FAST!

Access:
EMAIL OR TEXT ME FOR INFO.
Fenando
661-262-3115
quick.offers@yahoo.com

Click the link for a list of UNLISTED REO'S.
http://hartfordinvgrp.blogspot.com/

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