Please help me Buy for 107K and Sell for 447K (2 of 5)

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
    NA
  • State
    WA
  • County
    Pierce County
  • City
    TACOMA
  • GPS
    47.1330547988872,-122.382618157658
  • Curent Zoning
    RSEP
  • General Elevation
    423
  • Taxes
    $1832.5
  • Conveyance
    Warranty Deed
  • Sewer
    No
  • Parcel Size (in acres)
    6.16
  • Zip
    98446
  • Title Info
    D Howard
  • Access
    Paved Road
  • Terrain
    Flat
  • HOA Fees
    NA
  • Power
    Yes
  • Water
    No
  • Phone
    Not Sure

Transaction Details

Total Transaction Purchase Price (including closing costs): $110000
Anticipated Sale Price: $447000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 180 Days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 20%
Equity Partner Profit Split: 50%
Anticipated Budget: $447,000-107,000=340,000, 340,000*.5 = 170,000, 20% ownership is 89400-21,400=68,000, 68,000*.5 = 34,000

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