Project in the pipeline
RENTON, WA 98058
EXECUTIVE SUMMARY
DHA INVESTMENTS, LLC identified a property in the Renton area of WA, which they believe offers a unique opportunity to achieve an above average return over a relatively short period of time. The property concerned is a 4-bed, 3 bath house on a residential street. It's offered at $380,00. The property is listed and it has no mortgage registered on it. The fundraiser knows the seller is wanting a quick sale. This provides the opportunity to secure a quick decision at below market value.
The house is in a fair state but requires refurbishment throughout. It will need few upgrades in the living room, kitchen, bathrooms, flooring and decorating throughout, including landscaping. and DHA INVESTMENTS, LLC plans to flip this house after all the improvements.
EXIT STRATEGY
The exit strategy for the property is to offer the house for immediate sale at around $580,000 and the loan provided by external funding would be repaid. The loan term is 12 months, payment frequency is every 4 months.