🏡 Great light rehab 04′ Warsaw Flip! 🏡
STARTING PRICE: 120K
ARV: 225-235K
RENT RATE 1700-1800/mo
🔨 Easy Flip Opportunity! 🔨
Just 1 hour from Raleigh and Wilmington, this 2004-built property is perfect for a quick, high-return flip! With an estimated ARV of $225k-$235k and rental potential of $1,500-$1,600/month, this spacious home in a quiet neighborhood features a generous backyard. Only light cosmetic updates are needed to maximize its value—an ideal chance to secure solid returns in a prime location. Don’t miss this investment gem!”
Perfect For:
🛠️ Fix/Flip:
[Purchase Price] 120K + [Rehab] 20K = [Total Investment] 140K
[ARV] 230K – [Total Investment] 140K = [Gross Profit] 90K
Flip Comps:
🏠 Rental Investment w/ Cash Out Refi:
[Purchase Price] $120K + [Rehab] $15K = [Total Investment] $135K
[ARV] $230K, [Monthly Rent] $1,750
Financing Strategy:
- Hard Money Phase (Interest-Only):
Monthly Payment: $1,580 (12% rate)
- Refinance with Conventional Loan (75% of ARV, 6% rate):
- New Loan Amount: $172,500
- Monthly Payment: $1,034.22
- Cash-Out Amount: $172,500 – $158,000 = $14,500
Potential Monthly Cash Flow after Refinance:
[Rent] $1,750 – [Refinance Payment] $1,034.22 = $715.78
Total Projected Gross Annual Income: $21,000
Do not miss out on this opportunity!
For any inquiries and offers:
📱 Call/Text Jay (704) 386-9191
Property Details:
🚪 4 Bedrooms
🛁 2 Bathroom
📐 1,748 sqft of potential
📅 2004 Built
🧱 Exterior: Vinyl
🏠 Roof Condition: Spots in drywall but no major roof damage
🔧 Utilities: Electric works well 2004
💧 Hot Water Heater: Works well & fast
❄️ A/C Unit: Works
🪝 Basement: Crawlspace
Additional Insights:
📈 Area Details: Quiet Neighborhood
⏳ History: Single family owned
🚧 Attention Required: Ceiling drywall, floors, & paint
🛏️ Vacant: Vacant at close
Do not miss out on this opportunity!
For any inquiries and offers:
📱 Call/Text Jay (704) 386-9191
Welcome to DreamStone Deals, the premier sales division of DreamStone Properties! Are you looking to get first access to exclusive, discounted, high-value real estate opportunities? Join our VIP list today and be among the first to know about all our top deals before they hit the open market!
Each month, we acquire and move between 20-30 properties, giving our VIP buyers a strategic advantage with early access to lucrative opportunities. We leverage deep industry experience and an extensive network to bring you the best off-market deals available.
Why Work with DreamStone Deals?
✨ Transparency: Clear details on property condition, rehab budgets, and comparable sales.
👑 VIP Buyer Status: Get priority access to every deal before it’s listed publicly.
💸 Financing Options: Short-term financing available for pre-qualified buyers through our preferred lenders.
📢 Agent Partnerships: Agents, ask about joining our buyers list and receiving weekly property updates (4-5 new properties added weekly).
📊 Investment Projections: We provide long-term (LTR) and short-term (STR) rental projections for your strategy.
🏠 Comps and ARV Provided: Access to comparable sales and after-repair values.
📈 Value-Add Strategies: We offer insights on maximizing ROI through forced appreciation.
🔄 Seamless Transactions: We prioritize smooth and efficient closings for our partners.
⚠️ Important Information and Buyer Guidelines
💵 Funding: Cash, Hard Money, or Private Money only. Properties are sold “AS-IS.”
❌ Disclaimer: DreamStone Deals makes no warranties on property condition.
🔑 Assignment-Friendly: Contracts are assignable, offering flexibility in your approach.
🔍 Due Diligence Required: Buyers are responsible for all due diligence prior to assignment and agree to hold DreamStone Deals harmless.
💰 Earnest Deposit: $5,000 minimum non-refundable deposit required upon opening escrow with our preferred title company.
📑 Buyer Costs: Buyers cover all closing costs, escrow fees, and transfer taxes.
Legal Notice and Additional Terms
🚫 No Broker Representation: We are not brokers and do not represent the seller in any broker capacity.
🚫 No Unauthorized Contact: Direct contact with the seller without our consent is prohibited and may result in legal action.
🚫 Wholesaler Restrictions: Marketing of this property by third-party wholesalers is prohibited without written consent.
At DreamStone Deals, we’re committed to building long-term partnerships rooted in trust and results. Whether you’re expanding with rental properties, fix-and-flip projects, or value-add investments, we’re here to support your goals.
🌟 Join our VIP list today and get an early edge on all the best deals we have to offer. Reach out for Joint Venture (JV) opportunities or to explore your next investment with us!
Sales Manager Jay Goss (704) 386 9191
