This property will be targeted for remodel and resale on MLS. Its located in a great part of town. It will require roof repair, new light fixtures, fresh paint throughout inside. Also, we will add a new kitchen , new appliances, new countertops, updated bathrooms. This project will take 30-45 days to complete.
Purchase Price: $153,375
Renovations: $42,000
After Repair Value: $269,000
We will be paying 10% rate per annum with a 6 month promissory note.