Dirt Cheap Columbus Ohio Wholesale House - Rehab

2009-11-02 145

This deal is located only minutes from Easton and is in a nice neighborhood where the pride of home ownership shines brightly through well manicured properties. It is directly across the street from a beautiful park. It is a bi-level and has 5 bedrooms and 2 full baths! (The tax records are not correct, I have been inside.) This house said and done can be had for about 10 cents on the dollar! I know you like the sound of that. So what is the catch you ask? Well of course it will need rehabbed, it has fire damage. But even if you have to put 35K into it, you would still be into it for 50 cents on the dollar or less. Comps support that this house after being rehabbed would retail for 100K. Even if you sell it for 90K that is a nice spread. Or if your strategy is to hold it you could have a very nice rental in a nice neighborhood for 50 cents on the dollar or less.

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