πŸ”₯2.75% turnkey Sub to✌️ In Winston Salem!πŸ”₯

Forsyth County, Winston-Salem, NC, 27101
Sold
Listed at: June 20th, 2024
Price
$25,000
ARV
$155,000
Gross Margin
$130,000
Sq. Footage
1678
Type
Single-Family
Parking
Driveway
Year build
1953
Lot size
0.47 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
1
Summary

30 year FHA Loan at 2.75%, $698/Mo, 5 year balloon, remaining loan balance $109,000.

Cash To Seller + Assignment Fee = Entry Fee of 25k - 28k

Total Purchase Price (135k-138K) = Remaining Loan balance (109K) + Entry Fee.

The only cash needed at closing is the entry fee, then buyer will continue making monthly mortgage payments.

-2 Bed 1.5 Bath

-872 SQFT + Finished basement including 1/2 bath

-Building/shed

-Newly remodel including roof, central air, water heater (2021)

-Currently rented at $1,200/Mo (Will be vacant June 31st)

Ask: $26,000

Buy now: 28,000

ARV: $140k-$155k

Video: Inside & outside walkthrough video below

Property currently tenant occupied but they will ber out by June 31st (house almost empty). 2 beds, 1.5 baths, 872 heated sqf not counting the finished basement with the 1/2 bath. House is turnkey. Walkthrough video of the inside and outside below.

Condition Details:

Roof: 2021

HVAC: 2021

Kitchen: Remodeled (See Photos)

Bed: 2 bedrooms (See Photos)

Bath: 1.5 baths (See Photos)

Windows: New windows

Flooring: Vinyl

Plumbing & Electrical: Both In Working Condition

Foundation: No foundation issues 

Water access: City Water and city sewer

The assignee will place a $5,000 EMD and close as soon as possible

Please text or call Diego at 336.361.1867 for further details and assignment information. Thank you.

Please do not drive by the property without consent. 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 with the seller of the property. We file a memorandum with every property we market. I am not a realtor, nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no 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 $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closings are an assignment of our contract with the seller to the end buyer.

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller. There is no agency, expressed or implied, between Buyer and Investment Deal Source or any of its members, directors or employees. Any attempts to renegotiate or make contact with the owner will result in legal action.
Videos

Outside Buick

Inside Buick St

Inside Buick #2

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

Diego Ardon

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