A Win-Win Means There Must Be a Profit for Buyer & Seller.
I profiled this property back in May when it first hit the market.. Click here for the Cash Flow I projected back then.
I even have Video:
Now They Want to “Flip It”.
The folks that got this Ranchor Cordova Duplex put it back on the market on July 7th or so. I watched this property because I knew they had made a “smokin buy” at $127,000. But…..at their new “asking price” of $229,000 I thought they were really going over the “Hog Line”.
So after a couple of price changes, they’ve lowered the asking price south of $200,000 to $195,000… still what I consider to be a little high.
Here’s what I think should be a “win-win” for the investor who only paid about $127,000 for this around May 20th of this year. Click Here for what I think the sales price and cash flow would be and then you tell me if the Seller makes money and the Buyer has a good deal too – A Win-Win….
Maket it a great day…!