NEED INVESTOR OR WILL FLIP IN GR,MI

I have a house in the Gran Rapids ,Mi area under contract, have around a 165,000.00 market value and I will need to get $140,000.00 out of it..All the house needs is carpet(2000.00) or it can even be cleaned...was being used as a rental to the same people for over 3 yrs , great area , 5 legal bd , 2 full baths , 2 stall garage fenced in yard with play area. rancjh style...house did rent for $1300.00 a month...I would like to either buy it or flip it to another investor...if either is interesting to you please reply asap.. LOL

Comments(1)

  • KyleGatton24th July, 2003

    I will have to pass, I as most of the people here start there profit margin at 20% of appraised value and work our way from there. Currently you would need to sell it at 132K just to get my interest. Also you will attract more people if you post this in the TCI Realty section.

    Good Luck,
    Kyle

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