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 | Pros and Cons of Purchasing a Foreclosure Auction Property | | | There are many properties being offered at foreclosure auctions across the nation right now. Some are good investments and others are not.
Read More | | | How to Purchase a Fannie Mae Foreclosure Property | | | Purchasing a Fannie Mae property in my opinion is the easiest and best way to go right now if you are looking for a foreclosure property. Fannie Mae is government run.
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Property Details |
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| Property Information |
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| Project Name : |
Wholesale Deal |
| Property Type : |
Single Family |
| City : |
Members Only |
| State : |
Indiana |
| Zip Code : |
Members Only |
| County : |
Members Only |
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| Square Footage (GLA/ GBA) : |
1358 |
| Lot Size : |
Members Only |
| Lot Attributes : |
Members Only |
| Measurement : |
Sq. Ft. |
| Number Of Units : |
0 |
| Zoning Code : |
Members Only |
| Over All Property Condition : |
Major Fixer |
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| Property Description: |
Complete rehab needed. Great buy and hold potential for investors. Total Rehab.
ARV Based on Comps: $55,000
Amount of Repairs: $27,160
Seller Asking Amount: $7,000
Profit Potential: $20,840
Monthly Rental $600 - $785 |
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| Surrounding Neighborhood: |
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| Purchase & Invesment Information |
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| Purchase Price : |
$8,000 |
| Investment Type : |
Wholesale Property |
| Investment Amount Needed: |
$0.00 |
| Equity offered to Equity Partner : |
0.00 |
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| Estimated Cash on Cash Return for Investor : |
Members Only |
| Contingency Expiration Date : |
Members Only |
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| Process Complete to Date: |
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 Members Only |
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| Why is the Property being Sold?: |
| Members Only |
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| Personal Invesment Details |
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| Will Seller Carry a Note : |
No |
| Rate : |
Members Only |
| Years Amortized : |
0.00 |
| Amount : |
$0.00 |
| Ballon Amount : |
$0.00 |
| Prepayment Penalty : |
$0.00 |
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| Familiarity with Property : |
Not Familiar |
| Familiarity with Neighborhood : |
Somewhat Familiar |
| Time Inveting in Realestate : |
Less Than 1 Year |
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Market rent / Vacncy Information(0) |
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Floor Plan / Site Plan (0) |
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