I had this property hit my website, it's out of my area, but I worked up the contract anyways.
I'll have the contract signed and in my hands tomorrow, so I can't give out the address yet, but here are the numbers
ARV $315-$330k
Price $265,000
Repairs unknown because I have not seen the house (nor are my estimating skill as up to par as some of yours), but the seller describes the needed repairs as follows
foundation issues in 3 rooms (I have piers around my entire home so it is just a matter of the company coming to fix it - lifetime transferrable warranty),
carpet in about 500-600 square feet,
3 1/2 ton AC unit that might need work or replaced (have a 5 ton one that I replaced last year),
some painting outside
Call Mike at "nine for oh - three hundred - five zero eleven" if interested
