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/
No comments:
Post a Comment