Wholesale deal - 6702 E. Holly Street, Scottsdale, AZ 85027

Wholesale deal - 6702 E. Holly Street, Scottsdale, AZ 85027

3bed, 2 bath, 1926 sq ft, heated diving pool, 2.5 car garage, and workshop.  Fantastic find in the historic District of Village Grove.  Close to Fashion Sq Mall, down town Scottsdale, shopping, dining, and airport.   Take advantage of the jump in price point for classy rehabs.  Prices trending up in the neighborhood.  Needs interior cosmetic rehab.  40 days average on market - see CMA below.


Wholesale price:  $315k
Estimated rehab:  $35k
Estimated ARV:  $435k

First signed contract and $2500 non-refundable earnest money deposit wins.   Close of escrow is on or before 3/24/15 and buyer to pay all closing costs.

Fun disclaimers, ESTIMATED BUDGET with 39% ROI, Pics, and Comps below:

All Prices based on cash sale with $2,500 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

• All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.

• One of managing members is a licensed Real Estate Agent in the state of Arizona.

• If estimated values are provided, they are based on interpretation of MLS and Tax Data.
• Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
• Price is net to seller and Buyer pays all closing cost
• Buyer agrees to double close of escrow

Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs.

Estimated Budget:

 

Purchase Price 315000 Front side Hard Mony loan  252000 Hard money down payment 63000 Interest hard money  - 18% 6month term - 4 months 3780 15120 Closing costs 1500 Remodel 35000 Insurance 700 APS/Water 700 Total cash invest 116020 116020 Total Frontside costs 368020 Backside Estimated renovated sales price 435000 Realestate commission 0.045 19575 title fees 1500 total fees 21075 21075 total frontside costs 368020 Total Earnings 45905 ROI 0.395665

Pics:

CMA:

 

Wholesale Deal - 10013 N 30th Place Phoenix, AZ 85032

Wholesale deal - 10013 N 30th Place Phoenix, AZ 85032

Maricopa Assessor Parcel # 165-27-048

4 bed 3 bath, 1930 sq ft, 10k+ sq ft lot, built in 1961.  Great house in a awesome area - views of the mountains - house are selling quickly in the area!!!!  Big profits for low investments.  Do the basic remodel and finish quickly.  

Remodel plan to make the most profit 

Sandblast the brick - stucco the wood areas 

Two tone paint inside 

new flooring

up date two bathrooms

refinish/clean up kitchen bath 

new high baseboard 

 

Wholesale Price:  $259,900

Estimated Rehab:  $25k

Estimated ARV: $360k -  $375k.  

First signed contract and $2500 non-refundable earnest money deposit wins.   Close of escrow is on or before 2/29/16 and buyer to pay all closing costs.

Fun disclaimers, ESTIMATED BUDGET with 61% ROI, and Pics:

 

 

 

All Prices based on cash sale with $2,500 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

• All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.

• One of managing members is a licensed Real Estate Agent in the state of Arizona.

• If estimated values are provided, they are based on interpretation of MLS and Tax Data.
• Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
• Price is net to seller and Buyer pays all closing cost
• Buyer agrees to double close of escrow

Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs.

Pictures - https://db.tt/0kxCa8vL

 

 

Estimated Budget:

Purchase Price				259900
	Front side
	Hard Mony loan						207920
	Hard money down payment					51980
	Interest hard money
	- 18% 6month term - 4 months			3118.8		12475.2
	Closing costs					1500
	Remodel					25000
	Insurance					700
	APS/Water					700
		Total cash invest				92355.2	92355.2
		Total Frontside costs					300275.2
	Backside
	Estimated renovated sales price						375000
	Realestate commission			0.045		16875
	title fees					1500
		total fees				18375	18375
		total frontside costs					300275.2
	Total Earnings						56349.8