I closed yesterday on an investment property with a client. I am excited for this client since we have been looking for several months and finally landed a bargain that should turn into a nice finished product. The property sat on the market for a while before the price soften enough for us to pounce on it. Here is a chart showing the price point over time.
My client purchased the home for $48,000 cash. Post fixup value is estimated around $105K. The home needs some love but will shine nicely when complete. Here is a tour of the property:
Stay tuned for a great Before and After Video for this one!
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