HoleInOneBarber

REDUCED - Wholesale Deal - 317 N. Hall Dr, Mesa, AZ 85203

REDUCED - Wholesale Deal -  317 N. Hall Dr, Mesa, AZ 85203

This 2151 square foot home has three bedrooms and two full bathrooms and already has some enhancements such as; newly replaced carpet, two charming fireplaces, a brand new roof, a spacious den located behind a secret panel, a freshly painted interior and exterior, a fully air conditioned workshop, a brand new hot water heater, a large living room and family room with a built in bookcase and a vintage entertainment center. Kitchen has been updated and stove top and oven were both replaced in 2015.  The backyard has an extended covered patio and a tall block privacy wall.  Link has been posted below.  

Need set:  Cosmetic updating.  This could be a fun project depending on how far you want to take the remodel.  Home has a lot of character, estimated rehab of 20k is spot on given that so many features have already been updated. 

Wholesale Price:  $195k .... REDUCED to $190k
Estimated Rehab:  $20k
Estimated ARV:  $290K


Close of escrow on or before 10/07/2016.  First signed contract and $2500 non-refundable deposit to title wins.  Buyer pays all closing costs.  Escrow is opened at First Arizona Title - Kim Stembridge is EO (623)385-1004.


See below for fun disclaimers, ESTIMATED budget, pics, and comps and link to comps:

Fun disclaimers:

All Prices based on cash sale with $2500 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.

 Pics to wet your whistle:

 Comps:

 Estimated Budget:

Purchase Price				190000
	Front side
	Hard Mony loan						152000
	Hard money down payment					38000
	Interest hard money
	- 18% 6month term - 4 months			2280		9120
	Closing costs					1500
	Remodel					20000
	Insurance					700
	APS/Water					700
		Total cash invest				70020	70020
		Total Frontside costs					222020
	Backside
	Estimated renovated sales price						290000
	Realestate commission			0.05		14500
	title fees					1500
		total fees				16000	16000
		total frontside costs					222020
	Total Earnings						51980
	ROI						0.742359

Wholesale Deal - 14931 N. 75th Drive Peoria AZ, 85381

Wholesale Deal - 14931 N. 75th Drive Peoria, AZ 85381

5 bedroom, 3.5 bath, 3453 sq ft, with pool, ramada, indoor and outdoor fireplace, wet bar, built in BBQ, and Peoria Zip code.  Nestled in the community Lions Gate, is property has a prime local.  Choice schools, high end properties, shopping, dining, entertainment, and quick freeway access will drive the price point.  Pool was replastered in 2014.  The one active listing in the neighborhood needs more of an update than this property and is lacking a pool and fancy backyard upgrades.  See below for link to old listing of this property and 70 plus pics.  Sold comps are $124-131/sq ft in the area.  ARV based on $123/sq foot.

Need set:  Cosmetic updating

Wholesale Price:  $325k
Estimated Rehab:  $20k
Estimated ARV:  $425k


Close of escrow on or before 8/19/2016.  First signed contract and $2500 non-refundable deposit to title wins.  Buyer pays all closing costs.  Escrow is opened at First Arizona Title - Kim Stembridge is EO (623)385-1004.

See below for fun disclaimers, ESTIMATED budget, pics, and comps and link to comps:

Fun disclaimers:

All Prices based on cash sale with $2500 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.

 

Old listing with 70 pics:
http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=17zegiapzqsn&s=12&cid=1



Pics to Wet your Whistle:

Estimated Budget:

Purchase Price				325000
	Front side
	Hard Mony loan						260000
	Hard money down payment					65000
	Interest hard money
	- 18% 6month term - 4 months			3900		15600
	Closing costs					1500
	Remodel					20000
	Insurance					700
	APS/Water					700
		Total cash invest				103500	103500
		Total Frontside costs					363500
	Backside
	Estimated renovated sales price						425000
	Realestate commission			0.05		21250
	title fees					1500
		total fees				22750	22750
		total frontside costs					363500
	Total Earnings						38750
	ROI						0.374396

Comps: