Property Description:
Nice Sub-To Opportunity in Laurinburg!
Great opportunity here to pick up a sub-to deal on an newer house with plenty of space allowing for flip flexibility or a good rental spread!
Four bedrooms, two full bathrooms, built in 2021 on 1/2 acre lot in Laurinburg. Will need carpets, optional paint update but honestly that's it. Remainder of previous owners items will be removed this week; clear to close any time.
Mortgage is with Vanderbilt, approximate balance is $129,000. The seller is approximately $3k behind so we will catch that up bringing it current at closing. PITI is $1473.39, 8.5% loan.
Comps put this property at an ARV of $215k. Rent estimate $2,000/month.
4/2/2,040 sqft (approx please verify)
2021 build in great shape
Located in quiet area
HVAC, Roof, water heater all in great shape
Needs carpet replacement, paint touch up
Available to view
ARV: $215,000**
Asking Price: $154,500 (Approx $129,000 sub-to, $25,500 cash)
Deposit: $2,500
*Agents please add your fee above asking price.
*Sight unseen offers and offers from prior partners will receive priority.
*Buyer pays closing costs
Pictures: dropbox.com/scl/fo/y2ghewue3wsd1rtyts5yu/AF1_vjXRCf5XdER5vwfXfrg?rlkey=6ijhsv6rij0xt6n2ybnbbe687&st=lktldme1&dl=0
For additional information or to view this property please contact:
Dan DeLeo
919-538-1385
dan@fivelionsnc.com
Contact for access.
As always, YOU ARE RESPONSIBLE FOR YOUR OWN DUE DILLIGENCE. WE MAKE NO CLAIMS ABOUT THE HISTORY OR CONDITION OF THE PROPERTY.
Disclaimer: We are not realtors and are not acting as such; please complete your own due diligence prior to submitting an offer. This contract is being offered for assignment; this has been communicated to the Seller and the contract has been certified with the Register of Deeds. Any attempt to usurp, re-market or re-brand this agreement will be viewed as hostile and will be prosecuted as such resulting in immediate legal action.