09-28-2005, 12:50 PM
| | Money Partner Needed!
I am looking for a money partner to help with a flip. What I am
looking for is down payment, holding costs for an estimated 6 months
while fixing up and flipping this property, and fix up costs. The
property is a sfr, 4/3, 2500+sf in Phoenix. The asking price is
$499,900. Comps for this area have this retailing for $725,000 on the
low side after fix up. The realtor I am working with puts the retail
value at above $800,000 as it is larger then the next best comp, and
there is also a pool that goes with this property. I will be directly
working on the fix up, which is mostly cosmetic. If you are interested
in being a silent partner, i.e. putting up some money to make more
money while doing none of the physical labor and other leg work, get in
touch with me asap. This deal will not last long!