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🚩🔥Looking for a SELLER FINANCE DEAL !?!? (SFR) South Bend, 46613 ❗🔥

St. Joseph County, South Bend, IN, 46613
Sold
Listed at: January 23rd, 2024
Price
$75,000
ARV
$140,000
Gross Margin
$65,000
96 pictures, show all
Sq. Footage
1248
Type
Single-Family
Parking
Detached Garage
Year build
1902
Lot size
6468.00 sqft
Bedrooms
4
Bathrooms
1
Half Bathrooms
1
Summary

📸 More Photos & videos: Click here ←

🏡 Single Family Residence

💲 Price: $75,000 + closing costs

💰 ARV:   $140,000

Beds: 4

Baths: 1.5

SQFT: 1,248

Lot Size: 0.148 Acres | 6,468 SQFT

Yr Built: 1902

1 Car Detached Garage

Utilities: CITY WATER AND SEWAGE

Occupancy: Owner Occupied

 Seller Finance Terms:

  • 10K Down payment + 8K Wholesale Fee + Closing costs = Funds Due at Closing ($18-20K)
  • 3 Month Rent back agreement to seller / $500 a month
  • 4 Months with no payments to Seller to rehab property and list ON-MARKET and sell to Retail Buyer
  • Seller receives $57,000 Balloon Payment when you close with Retail Buyer

✨Property Highlights✨

  • Cash on Cash Return is extremely HIGH since you are not having to raise capital for the total purchase price!
  • Great 1st Flip for an investor who does not have all the funds for Rehab and Purchase
  • Property is located in a good area with strong comps!


 

COMPS

119 E Donald St, South Bend, IN 46613 Sold: $135,000 Sold on 09/21/23

1812 S Taylor St, South Bend, IN 46613 Sold: $129,900 Sold on 07/05/23

1011 Bruce St, South Bend, IN 46613 Sold: $132,500 Sold on 11/07/23

2126 S Arnold St, South Bend, IN 46613 Sold: $151,000 Sold on 09/27/23 


Please reach out for more information

💥Point of Contact: Jesse Reguerin / Hablo Español

☎️Phone: (949) 201-7363

📧Email: Jesse@drivebyhomebuyers.com

 

All Inventory

https://investorlift.com/company/drive-by-home-buyers

All deals cash or hard money only. If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. We are not the owner of record. We are not a realtor nor do we portray ourselves as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to Drive By Home Buyers for transaction coordination.
Videos

S Taylor St, South Bend, IN 46613

Street View
Location
current deal
comparables
#2
 available
$123k
 sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jesse Reguerin

★★★★★
★★★★★
No reviews

Disposition manager