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7139 and 7141 Sherman Houston

$410,000
Property type: Rehab Off-Market

The space

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Description

Exceptional 7plex & Single Family House
Rapidly Growing Area
Value Add Deal
Price $410k!✔

💲 ONLY NEED $25k TOTAL AT CLOSING! 💲

Loan includes estimated $66k for your renovations to the property!
HOW CAN WE OFFER THIS? A hard money loan is a asset-based loan which focuses on the future as-repaired value (ARV)  structure the deal. We loan up to 70% of the ARV, which can include up to 100% of the purchase price, and up to 100% of the rehab budget. 0% down! Qualifying Investors will only bring closing costs to the closing, which is generally 4% – 6% of loan amount.
  • 7 one beds, and a 2 bed SF house
  • Blossoming area with lots of growth
  • 4 miles away from Downtown Houston
  • Local rents support $950+ for 1 beds
  • Plenty of space: combined lots measured at 8,675 sqft

For this deal:
-Purchase price: $410k
-Estimated Reserves for Rehab budget: $66k
– Estimated Loan amount: $476k
– Estimated ARV   $680k!!!

Address:7139 Sherman St, Houston, Texas

Joel@sanmore.com for more information. CALL 713-458-8686 for more information or reply to this email! Please see our other offerings at www.Sanmore.com

Address: 2801 Virginia St, Baytown TX 77520

Please send me an email Joel@sanmore.com for more information.

The above price includes an already agreed upon purchase price plus a fee to assign equitable interest. Disclaimer: Sanmore Investments and/or its partners is providing you, as a voluntary and exclusive member, access to this off market property and we have full intention on closing on this property per our contractual obligations, to include assigning equitable interest if applicable. THIS IS BEING SENT TO YOU FOR MARKETING PURPOSES ONLY. Any properties seen on this email or emails like it are currently under contract with the owners of record with the full intention to close and fund. Any mention of “sale,” or the like, refers solely to assigning equitable interest of a contract and there is no claim or intention to sell property or act as an agent in any capacity. This is intended for investors only. Any attempts to forward this email, directly contact the seller, listing agent, make alternate offers, or impede the process in any way will result in your name being reported and promptly banned from this and any other subsequent