Wholesale Opportunity! 8106 Toledo Ave $176,000, Lubbock, TX
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This is great off-market flip opportunity in a South Lubbock neighborhood where several homes are being rehabbed. My repair estimates are based on reworking some of the floor plan, updating the kitchen and bathrooms, and other cosmetic updates. Most of the house does have the old school hardwood floors that could be refinished to really impress potential buyers. The owner is having the entire roof replaced. - After Repair Value: $243,000 (Appraisal on file) Est. Repair Costd: $35,000 - $40,000 Price: $176,000 - Take a look at the attached wholesale packet for more details and click the link to view pictures of the property. My deal analysis assumes a six month hold time, 6% interest on your money, and accounts for holding costs.