This deeply discounted REO has got a leaky roof that has caused lots of water damage on the inside.  Drywall has fallen from the ceiling.

Back taxes due: just under $1200 dollars.

Your price: $10,000.

Address: 400 Block of Buena Vista, Anderson SC.

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Address: 11 Petty Court, Petersburg, VA, 23803

3 Bedrooms, 2 Baths, 1202 ft2 Rancher.  Possible 4th Bedroom in the addtion.

Current tenant paying $875 mo, on time every time since 2005.

House has Central Heat / Air, recently painted

Price

Contract for Assignment at $85,000 or best offer.

That’s 65% ARV!

Turn Key Rental

• Discounted price as if it was a foreclosure. Hud Homes selling for similar prices.
• Cash flowing rental with steady and stable tenant.
• Similar properties for first home time buyers selling in the 120s-130s
• If you like turn-key rentals, here is one to simply take over with stable tenant in place.

Visiting the Property

Do not visit the property without securing my permission.

Call Chris to schedule access, 804/915-9475.

Do your own diligence. All information deemed reliable, but not guaranteed

Contact Chris at 804/915-9475

To hear about more great deals before they even get to the general public, sign up for deals at our Walker’s Wholesale Houses Buyer’s List.

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4 Bedrooms, 2-1/2 Baths,  1664 SF Dutch Colonial.

Needs 10 to 15K work, has ~ 30k in ground pool that needs about 2K work including liner.

Sales price: 82K.

Co-marketed with permission from Smart Home Builders.

Property Address:  585 Roberson Street, Petersburg VA, Berkeley Manor Subdivision

Real Estate Investors:

Small rehab job!  Should be under 15-17k for updating. Get it back on the market or ready to produce rental income quick.

Great Profit margin – including repairs, assuming arv of ARV of 150, an 82k price plus maximum repairs is 66% LTV

In last 12 months, in that subdivision.

• 4bdr on Petty Street sold (10/23/09) at 139,950, 1220 Ft. full update / remodel.
• 3br sold at $140, 1648 ft2. (11/25/09),
• 3br, 1634ft2, at $152,000 on VA loan. (11/20/09 sold )

Add a premium for the 30k inground pool, suggests an ARV in the 150s – 160s.

These sold comps in the subdivision are similar ft2 and remodelled.

Access:

Do not disturb the tenant.

Call me for details on how to access the property.

804/915-9475.

©2010 Walker's Wholesale Houses. All Rights Reserved.

Note: If you are a cash buyer and can make a quick decision, I need to know that.  Call me at 804/915-9475.  This one was placed to an investor with just a phone call before the rest of my list even knew about it!

Your price:

Only 19K.

This shell of a rehab has already been stripped to the studs and covered with vinyl siding.

This former Bank REO couldn’t even make the cut on the open market, so you can pick it up for an even deeper steal. . .

House is open and available to look at.

ARV about 145.

Address: 3500 block of Maryland Avenue, address hidden to attempt to protect against vandalism.

Call Chris at 804/915-9475 for more information

©2010 Walker's Wholesale Houses. All Rights Reserved.

Pending short sale approval

Make your best offer around 100k.

621 and 623 Broadway, Hopewell VA.

Side one (621) assessed: 80,000k
Side two (623) assessed: 78,400

Each side is 3/1, 1440 ft.
2 story duplex

Some minor repairs needed to make rental ready, under 10K.

Long term repairs will include some soffitt work, replacement windows.

Contact Chris at 804/915-9475 for access.

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Estimated repairs: $40,000

Your price: $80,000

ARV: $175,000 for upgraded repair (granite, tile, etc).

This puts you about 68% of After Repair Value

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©2010 Walker's Wholesale Houses. All Rights Reserved.

Your Price $20,000

Mt. Holly, North Carolina

Address not printed to avoid vandalism to empty property.

Priced 16K below City Assessment of $36,318

Land alone is assessed at 22K.

House is uninhabitable in its condition.

Contact Chris at 804/915-9475 for access, address and photos.

Facts:

2 br, 1.5 bath
819 ft.

No heating system listed on tax record.
Asphalt shingles.
Mill house Built 1920
Wood frame
Lot 10,019 Sq feet (.23 acre)

Condition is run-down.

You could tear it down or gut it and rehab it.

Rehab budget depends on what you want to do with it.

Comps between 60-80 depending on end use.

House is one of those older mill homes.  Houses on the block being renovated.

Photos show that this one and one more need to be brought up to par with neighborhood.

Make an offer

Serious inquiries only. Proof of funds needed with offer.

Call Chris at 804/915-9475 to Get photos emailed to you and arrange access to property.

Do your own diligence.

All information deemed reliable, but not guaranteed

Handyman special to fix up property outside of Charlotte NC.

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Providence Creek Neighborhood, Chesterfield County.

This house comes with sub2 owner financing for up to two years, making it perfect for a lease option exit strategy and collecting your check on the back end.

Little money to get in, just take over payments on 1st mortgage for 1st year, then both on 2nd year.

Move-in Ready for those who do lease options.

Your Price:

Around 180,000.

First year payments at $1202.  2nd year payments at $1500.00

Approximate ARV between $220-240 if you can hold onto it while the market sits and collect a nice backend payment if your buyer cash’s out.

Currently listed neighborhood property between $215 and $250.

At $220,000 arv, this sits around 82% ARV for now.

This is not a fix/flip opportunity.

Features

4 bedrooms 2.5 baths, 2100 ft2 +/-

This home is great for entertaining and features an open floor plan with a two story living room and fireplace, a large updated kitchen with newer flooring and countertops as well as access to the rear deck that overlooks the wooded private lot.

There is also an extra large (19 x 19) family room with a half bath and French doors that lead you to the front patio.

The first floor master suite boasts a walk in closet and full bath.

There are three additional bedrooms and a full bath located upstairs. What a great value!!

Photos:

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Schools:

Elem School: Providence
Middle Schoo: Providence
High School: Monacan

Contact:

Contact Chris at 804-915-9475 to arrange access.

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5223 Stratton Road
Richmond VA 23225

Priced 15K below assessment and slightly below what current fixers are at.

Your price: $108,000

• Assessed at 123,900
• 1030 sq ft.
• Built in 1955
• 1 car detached garage
• ARV: Between 150-160.

Comps

• 5901 Glenway Drive, 1121 ft2, $149,950, 12/12/07
• 6042 Glenway Drive, 976 ft2, $127,000 12/07/07, fixer
• 1200 Jahnke, 996 ft2, $155,000, 2/19/08
• 5216 Stratton, 1044ft2, $159,000 4/30/08
• 5201 Reedy Avenue, 1000ft2, 11/30/07 $145, with appraisal at 160K, totally remodeled.
• 5225 Stratton, 1005ft2, 6/3/08, 153,000,

3 bedrooms, 1 bath.

Zoning: R-3 Single Family
Subdivision: FOREST VIEW HEIGHTS

  Current REOs, fixers, and foreclosures priced in the 110-120s

Your price: $108,000

No creative terms available.

Repair budget determined by end use or purpose.

All data believed accurate, but not guaranteed.

To see the property, set an appointment with me to see it. Lockbox not available.

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