Wholesale NorCal HomesWholesale NorCal Homes
Features: Condo in Sacramento with Seller Financing for $180,000! No Bank Financing or Qualifying! 30 year fixed note at 6.5% interest!
Payment of $872.25 fixed for 30 years!
Market Rent- $1,700 to $1,800
Zillow Link- https://www.zillow.com/homedetails/4748-Greenholme-Dr-APT-4-Sacramento-CA-95842/26002453_zpid/
Important Details: --> Condo -->Vacant at close
Potential ARV: $230,000-$240,000
Rehab Description: Rental rehab necessary. Rental grade flooring, paint, new cabinet doors, doors, and appliances. -Potentially new windows and New HVAC/Mini Split
Estimated Rehab: $20,000-$30,000
Comparable Rent: $1750-$1900/Month
HOA DUES: $330 HOA DETAILS: HOA Involved in the community and landlord tenant selection. Supposedly screens for criminal records etc. prior to approval. Neighbors report the community isn't dangerous as it tucked away with multiple speed bumps heading in and out.
Ideal Investment Strategy: 30 year seller financing rental/Wrap with No Bank Financing!!
NOTE DETAILS- $138,000 mortgage balance, Payment of $872.25 per month, 3 YEAR PREPAYMENT PENALTY
COMPARABLE SALES-
Comp 1: 4612 Greenholme Dr #4, Sacramento, CA 95842 $240,000 Sales Price 6/5/2024
Comp 2: (Next Door) 4752 Greenholme Dr #4, Sacramento, CA 95842 $231,000 Sales Price 5/17/2024
Down payment or Entry Fee- $42,000 or best offer. Or we may keep it as a long term hold.
You will put the down payment down at closing and take over our private note with the seller for $138,000. Non refundable deposit to secure the property of $7,500.
IF INTERESTED:
Call or Text 916-884-6864 with questions
WE WILL SOON OWN THIS HOME AND WE ARE CONSIDERING SELLING IT
***Buyers to pay the closing costs***
***We do not authorize any other person or company to market this contract or property without our consent***
***Matthew Recore, principle of the company who will soon own this property and current contract is a licensed agent***
***Home figures provided as a courtesy, buyer to verify all information***
