Honey Stop the Car-There is a Deal in East Point! Are You Looking for a Perfect Flip? The Numbers are here. Play #1(Experienced Investors Only): Buy for $219k ; $100k Renovation with a 1st Floor Reconfigure + Finish Basement; Resale/ARV $375k with 2500-2800 Sq Feet. OR YOU CAN DO PLAY #2(Newbies): Buy for $219k and keep as a long-term hold with Tenants paying $1750 per month. ARE YOU A PASSIVE INVESTOR-THEN YOU CAN DO PLAY #3- USE THE BRRR METHOD. Buy $219k + Renovate Keeping Budget under $60k, then do Cashout Refi at $375k and rent the home. Long Term Rents after Renovation are $2,000- $2,100 for an updated thoughtful floor plan. This is also a great property for a 1st time Buyer- Use FHA 203k Loan or Conventional Renovation Loan to call this one home today. Current Tenant in Home Needs 60 days to Vacate.
Listing courtesy of Real Broker, LLC.. Selling Office: Real Broker, LLC..
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