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Why Selling: Health problems

Lusby Area Investment Property

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Property Information

Status: Sold or NLA They go fast!
Lead Type: Motivated Seller
Property Type: Single Family House
Square Footage: not sure
Bedrooms: 3
Baths: 2
Garage: 0
Pool: No
Occupied: Yes
Listed / Realtor: No

Property Location

Market: Washington DC
Street Address: Create FREE Account or Login
City: Lusby
State: Maryland
Zip Code: 20657

The Numbers

This information was provided by the owner. All figures, including Estimated After Repair Value (ARV) and Estimated Cost of Repairs, are estimates. Please do your own due diligence. Leads with little to no equity can be ideal candidates for creative buying strategies.
Est. After Repair Value (ARV): $160,000
minus Seller's Asking Price: $135,000
minus Estimated Cost of Repairs: $5,000
equals Profit Potential of: $20,000
How to Fund Your Purchase: Funding Options
Possible Short Sale: Judging by the equity spread this lead may be a prime short sale opportunity.
1st Mortgage Balance: $135,000
1st Mortgage Rate: 7.5
1st Mortgage Payment: $1,200
Behind on Payments?: Yes
Amount Behind: 1200
How Seller Determined ARV: Create FREE Account or Login

Seller Information

Seller Name: Create FREE Account or Login
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Seller's Comments

Why Selling
Health problems

About Repairs
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No Picture Available.

Investor Tip: Target properties like this that DO NOT have pictures. Most other investors ignore them, so the sellers get fewer calls, fewer buyers, and they therefore have fewer options. The end result is that you can usually get the best deals on the properties that don't have pictures.

Why don't all properties have pictures?

Property Discussion

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