Real Estate Investing Forums

Real Estate Investing => Bird Dogs, Wholesaling => Topic started by: dogperch on July 10, 2009, 04:50:51 pm

Title: 815k appraisal....200k
Post by: dogperch on July 10, 2009, 04:50:51 pm
I have contracted on a piece of commercial property here in Interlachen (Central Florida).
Appraisal is 3 years old and is at 815K. I have contracted on it for 140k. I am willing to flip for 200k or will partner with someone for immediate retail marketing efforts. If we partner, you bring the money and we split the profit. I believe the appraisal  is a little high now based on the current market, but 625-675k still makes the numbers look good. I have flipped over 200 deals in this area and this corner (1 block from the major intersection in Palatka Florida with a good window) is a great buy.

Email if interested.....