Pricing

• Starting price of $98,000 (or highest and best)
• ARV $208,500 
• Renovation costs $65K depending on your scope of renovations
• 20%+ cash on cash return or $35,000+ NET profit
• Buyer pays ALL closing costs
• $5,000 non refundable EMD. EMD is only refundable if title cannot be cleared or if seller backs out of the deal. Deal will be only be assigned once the title company receives EMD
• This deal is a cash only transaction. Private and hard money is permissable as long as the lender can fund the deal immedietly

 💥 YOU CAN ALSO CLICK THE 'WIN IT NOW' BUTTON TO AVOID ALL BIDDING AND LOCK IT DOWN BEFORE SOME ELSE DOES 💥

Property Details

• 1,379 square feet
• 3 bedrooms
• 1.5 bathroom
• One car attached garage
• Slab foundation
• Tri level home made of brick and vinyl
• Built in 1964
• Lot size of 0.15 acres

📌 View address by clicking the 'view full address' link above 

📌 Check out our video walkthrough located below 

📌 Contact Ali Salimnia at (248)224-7674 for more information before this deal sells!

Property Information

This property is located in a great neighborhood with multiple newly flipped homes. The subject is located near the United Wholesale Mortgage Company - South Campus and the M1 Concourse. The subject is located in one of the safer neighborhoods in Pontiac.

The home is being sold in its 'as-is' condition with all furniture/items being left behind. Home will be delivered vacant at close.

The subject is located in a great neighborhood where multiple homes have been sold within a week of going on market. This deal will not last long! Contact Ali Salimnia at (248)224-7674 for more information.

COMPARABLES

       228 Oriley Ct, Pontiac, MI 48342

• This comparable sold for $208,500 on 1/29/2024
• This comparable is a 1,287 SF tri-level, 3 bedroom, 1.5 bathroom, 1 car garage, slab foundation, built in 1964 on 0.14 acres 
• This comparable was fully renovated from top to bottom. This comparable is identical to the subject and is a perfect comparable
• The comprable is located almost directly next to the subject property
• The comparable was on the market for only 1 week before going pending
• The flipper originally purchased the comparable on 11/13/2023 for $127,500       

Additional Information

• Please note: The property is under a legal binding purchasing contract with the Seller, giving this company the exclusive rights to purchse the property. DO NOT CONTACT THE OWNER without our explicit consent. A memorandum has already been filed with the county to Cloud Title - if anyone tries to 'backdoor us'. Any attempts to renegotiate with the owner or make contact with the owner will result in legal actions!
• The property is sold in its 'as is' state and will be delivered vacant at close
• Title will be handled by our preferred title agency
• This deal is an assignment of contract
• Please note that there is a video walkthrough of the subject propety located below
• Contact Ali Salimnia at (248)224-7674 for more information