Get email alerts for new off-market deals — curated drops, no spam.Get deal alerts via email
Saginaw, MI 48601
Explore more off-market investment opportunities like this one.
Listed
Home details as listed · verify independently
2/1 SFH standard lot for the area - 6534 SF lot - needs floors, some drywall, all paint throughout, roof older but ok, needs all appliances, has water heater and furnace but not sure if the work (will work to verify). Has Full basement, not finished. Local rents about $750- $950. We estimated about $22 - $26 per sf in rehab about $20K +/-
We would consider down payment and a few month delay for balance for well qualified rehabbers with 50% down.
Commission
Commission Offered
This opportunity in Saginaw, MI is offered at an asking price of $13,300 as shown on the card. After repair value (ARV) is shown as about $68,000, which implies a gross spread of roughly 80.4 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 2 bedrooms, 1 bathroom, 816 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “heavy.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Vacant.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Fix & flip—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1929; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
Timeline
Posted · Updated
Strategy: Fix & flip