A Flip That Might Be a Win-Win….IF…?

A Win-Win Means There Must Be a Profit for Buyer & Seller.

I profiled this property back in May when it first hit the market..   Click here for the Cash Flow I projected back then.

I even have Video:

Right Side Video of 10414 South White Rock

Left Side Video of 10414 South White Rock

Now They Want to “Flip It”.

The folks that got this Ranchor Cordova Duplex put it back on the market on July 7th or so.  I watched this property because I knew they had made a “smokin buy” at $127,000.  But…..at their new “asking price” of $229,000 I thought they were really going over the “Hog Line”.

So after a couple of price changes, they’ve lowered the asking price south of $200,000 to $195,000…  still what I consider to be a little high.

Here’s what I think should be a “win-win” for the investor who only paid about $127,000 for this around  May 20th of this year.  Click Here for what I think the sales price and cash flow would be and then you tell me if the Seller makes money and the Buyer has a good deal too – A Win-Win….

 

Maket it a great day…!

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