Description

Don't miss out on this great Richardson opportunity!

House needs mainly cosmetic updates for a retail sale, but close to rent ready as-is.

Property is tenant occupied...do NOT disturb elderly tenant.

GROUP SHOWING ON Friday 3/31 @ Noon

Likely won't last long....so don't miss out!

Estimated ARV: $220K+ (lots of comps that have not been updated, so may be upside.

Selling price: $180K or best offer (will review best offers at time of showing)

Buyer to determine repairs. Buyer to pay all closing costs, and have ability to close quickly. Cash only. Proof of funds, and $5,000 non-refundable deposit required (check made out to GVG Capital, LLC).

Property will not be sold in advance of the above showing - as property may sell above initial asking price. Please do not show up 'early'.

This is an assignment of contract, and seller doesn't claim to own property at time of sale. Seller has equitable interest, and is not a licensed agent.




Property Details

Property Status Expired
Price $180,000
Estimated Repairs $10,000
Square Footage 2005
Sq Footage Source
Estimated ARV $220,000
Estimated Equity $30,000
Bedrooms 2
Bathrooms 2
Garage Size 2
Year Built 1979
Publish Date March 29th, 2017

Seller Information

Mike Hambright

Carrollton, Texas
Member since February 2016

Mike Hambright is a Real Estate Entrepreneur that has purchased hundreds of houses over the last 8 years. He’s a professional rehabber, wholesaler, and owns a single family rental portfolio. As a national mentor and coach, his students have purchased nearly 3,500 properties in the last 7 years. Mike is also the founder of FlipNerd.com, the leading social platform for real estate investors in America (over 60,000 subscribers and hundreds of training videos). In addition, he is the founder of PassiveRental.com, which helps people find, finance, and buy rental property portfolios as passively as possible, in several of the nation’s hottest rental markets.


Do your research before making any investment!

Seller assumes all responsibility for the content of this listing.