“I’m selling a deal, not a house”, Sherman Pittman The Shermanator
2017 2nd St. NE Wash DC 20002
Photos & Comps on the site
www.MyDCDeals.com
The Numbers:
After Repaired Value: $330,000 to 350,000
Rehab estimate: $40,000 to $75,000 (but with a little skill you can do if for less).
Asking $158,500 (down from $174,500)
Deposit: $4,000 and proof of funds
Finders Fee: $2,000 (up from $500) to anyone that brings a buyer that closes.
At this price, the buyer is responsible for all closing costs. The house 4 doors down is currently listed at $399,000.
Call the 24 Hour Deal Line at 1-800-852-1248 for more information.
Property:
3 Br+ & 2 baths; 3 levels with a basement.
Viewing: Anytime. The “push in” lock box combination is 1-2-3. Take your favorite contractor through.
Repairs Needed: $40k - $75k to gut kitchen and bath; landscape, new ac, and electrical heavy up, etc. for resale. However, for rental investors, less money could be spent on repairs.
Also Looking For:
1. For private lenders to lend $20,000 to $225,000 at 6% to 12% on DC Fix Up properties secured by First and 2nd Trust deeds, for 6 to 36 months.
2. Joint Venture Partners to fund 100% of a transaction (normally $75k-$205k for 9 to 18 months) for a 40%-60% split of the profits.
3. Feel free to contact me with other sensible business ventures.
Sherman Pittman
REAL ESTATE SERVICES
611 Pennsylvania Ave SE #291
Washington DC 20003
I Buy DC Houses
I Buy Notes Nationwide
I Pay $500 to $1,500 in referral fees
Email
Email Me Here
Website
www.MyDCDeals.com 
