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Good Location
Deed completed
x3 Beds
User Certified
From 2017
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About this deal

2,359 Sqft 4 Bed 2 Bath property built in 1920 in a great part of Clarksburg, WV. Purchasing property at a very deep discount. Roof is only 2 years old. House has a lot of very attractive character that will be preserved. Terms: All in cost (lending needed) $137,000 12.5% Interest (15% if funding is committed by 05/25) 12 month balloon (Total project length expected 6 months from close to resale) I always do 12 month balloons on my larger projects to help account for any contractor delays, ordering delays, etc. but realistically should be no longer than around 6 months from close to resale for this project. Closing 2nd weed of June Lending Documents/Next Steps: If you decide to lend on this project your funds will be secured with a deed of trust on the property and a promissory note. 48-72 hours before closing, my attorney will send you the title and other relevant documents to review. If you agree with everything and see no mistakes, my attorney will provide you with wiring instructions to wire the funds into an escrow account. What Sets US Apart: Unlike other investors/flippers, within 24 hours of closing I will pay 2 months of interest payments IN ADVANCE to you. Why you should lend on this property: We're purchasing this property at such a deep discount (as I do with every flip I do) that this deal cannot go wrong. All in price of $137,000 is only 60% of the what this property will be worth after rehab. After rehab is completed almost $85,000 of appreciation will be forced into the property! Short Scope of Work: Interior: Full gut remodel HVAC work Plaster repair -walls and ceilings All walls and ceilings will be mudded for new smooth finish Fully Remodeled Bathrooms All new remodeled Kitchen featuring an island, tile backsplash, and all new cabinets Kitchen wall will be blown out to provide an open concept All new light fixtures New stainless steel appliances All new Laminate plank flooring throughout Some windows will be replaced Upstairs hallway will be drywalled All fireplaces will be covered with the exception of one All new doors and door hardware Exterior: New landscaping Whole house will be painted New shutters Removal of awnings Please message me if you would like photos or any additional information! Or shoot me a text at 304-677-0332 if you'd like to chat!

location
May 20th, 2022
Active
MAKE 15% ON THIS HIGH EQUITY FLIP
137,000

2,359 Sqft 4 Bed 2 Bath property built in 1920 in a great part of Clarksburg, WV. Purchasing property at a very deep discount. Roof is only 2 years old. House has a lot of very attractive character that will be preserved. Terms: All in cost (lending needed) $137,000 12.5% Interest (15% if funding is committed by 05/25) 12 month balloon (Total project length expected 6 months from close to resale) I always do 12 month balloons on my larger projects to help account for any contractor delays, ordering delays, etc. but realistically should be no longer than around 6 months from close to resale for this project. Closing 2nd weed of June Lending Documents/Next Steps: If you decide to lend on this project your funds will be secured with a deed of trust on the property and a promissory note. 48-72 hours before closing, my attorney will send you the title and other relevant documents to review. If you agree with everything and see no mistakes, my attorney will provide you with wiring instructions to wire the funds into an escrow account. What Sets US Apart: Unlike other investors/flippers, within 24 hours of closing I will pay 2 months of interest payments IN ADVANCE to you. Why you should lend on this property: We're purchasing this property at such a deep discount (as I do with every flip I do) that this deal cannot go wrong. All in price of $137,000 is only 60% of the what this property will be worth after rehab. After rehab is completed almost $85,000 of appreciation will be forced into the property! Short Scope of Work: Interior: Full gut remodel HVAC work Plaster repair -walls and ceilings All walls and ceilings will be mudded for new smooth finish Fully Remodeled Bathrooms All new remodeled Kitchen featuring an island, tile backsplash, and all new cabinets Kitchen wall will be blown out to provide an open concept All new light fixtures New stainless steel appliances All new Laminate plank flooring throughout Some windows will be replaced Upstairs hallway will be drywalled All fireplaces will be covered with the exception of one All new doors and door hardware Exterior: New landscaping Whole house will be painted New shutters Removal of awnings Please message me if you would like photos or any additional information! Or shoot me a text at 304-677-0332 if you'd like to chat!

documents