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Lackawanna County, PA

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Lackawanna County, PA

$110,000 · SCRANTON, PA 18505
Flippers would lose money · Landlords would lose money

Available

$110,000Asking price

3 bd · 1 ba · 1,618 sq ft · built 1900

SCRANTON, PA 18505

No contract on file

via InvestorLift Classic

1 view · listed Nov 3

Flippers would lose money

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $110,000
Asking price: −$110,000
RepairsMiddle of our estimate, $0 – $14,500: −$7,250
Loan, holding, closing20% down, 12% interest, 2 points, 63 days: −$10,183
Profit−15.8% of ARV · flippers want 10%+: −$17,433
Loses money

Works for a flipper at $83,000 or less.

SDF CAPITAL LLC

Bryan Ressureccion

No reviews yet

Comps

Sales

Rents

ARV $110,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $142,000.

The sales behind this value are shown to members.

ARV $110,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SDF CAPITAL LLC

Bryan Ressureccion

No reviews yet

Seller Description

Great Investment Opportunity, Single-Family in Scranton, PA 18505

Interested???

More Photos

Reach out for more information!!

PROPERTY TYPE: Single-Family

3 Bed | 1 Bath | 1618 sqft

EXIT STRATEGY

LONG TERM RENTAL - Put in your own tenants.

FLIP - Do a rehab and put it back on the market for quick profits!!

Do your own DUE DILIGENCE

How We Work

We prefer to work with investors who are communicative and have the ability to close quickly.
Please do not submit an offer if you are not serious about purchasing the property. (We will not work with you in the future if this is the case)
We prefer a buyer who is willing to pay cash.
Priority may be given to those who place early offers.
Prior to scheduling a showing, we need to see proof of funds or a hard money commitment.
You must do your own due diligence. Run your numbers and make sure the property makes sense for you.
These are wholesale deals that's why they read "in contract"
If you are a real estate agent or have cash buyers, your fee will come from your client.

Buying Process

Showings: We will get the door open one day/one time - all interested investors get inside, and then we go to the highest and best - all offers to be submitted within 24 hours after the showing. NO PRIVATE SHOWINGS.

Make an Offer: Submit your offer and information at the top of this screen by clicking "Submit an Offer". If you are submitting a "sight unseen" offer, that means you will not view the house until after the closing.

Assignment Contract: An assignment contract will be delivered electronically once an agreement has been made and must be executed by the Buyer within 48 hours. Once the assignment contract is signed, we will introduce you to a third-party title company we use who will help facilitate the closing process. The closing date will be written on the assignment contract. A $595 administrative fee will be payable at close.

Earnest Money Deposit: An EMD of $10,000 must be wired to the Title Company or Attorney as soon as the Assignment Contract is signed. REMINDER: Earnest Money is non-refundable (unless the seller cannot produce a clean market title). Do not offer if you do not have every intention of closing on the property.

Due Diligence: Buyer will be able to request due diligence on the property with a minimum of 48-hour notice to SDF Capital LLC.

Additional Resources: We have a wide variety of connections that we can introduce you to. Lenders (if applicable), property management companies, insurance companies, and even contractors in some areas.

LEGAL NOTICE

We have a legally binding contract with our Seller. Trying to go around us and direct to our seller is illegal and considered Tortious Interference of a Contract. Doing so will result in legal action.