Saturday, April 21, 2007

It Hasn't Happened in Awhile - Now I Need an Investor to help Flip This House!

I'm still having a hard time believing it. I finally found a decent real estate investment in the Puget Sound area. It's not on the Eastside, but in a highly desired area close to everything.

It is a fixer, and is a duplex that is zoned multifamily. I think I can get it for a decent deal, but will not actually be able to see it until tomorrow to see all the work that is going to need to be done.

Now I need an investor who can secure a mortgage and help pay the cost of improvements. I will do all the work and contribute my commissions from both the purchase and sale of the property. There is also the possibility, with the right financing, to fix and hold this property as rental units until there is even more appreciation in the area.

If you are interested, please send me an email to Joe (at) AAAProperties.net or call 425-455-LIST (5478)

As I wrote above, I'm very surprised to find what appears to be such a good deal - I generally feel like the local real estate market is greatly overvalued. It is has been very rare for me to find such a deal and I'd like for you to share the benefits with me.

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