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$79K Real Estate Deal With Dan and Crystal Mewhorter
Dan and Crystal Mewhorter join Jay Conner to talk about some of their recent real estate successes.
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They have raised over 3.25 million in cash and equity.
The property was about to go into default. The owners wanted to get rid of the headaches. They wanted to move out of state. Minor repairs were needed. Purchased Subject to the existing note. Dan and Crystal took over the payments. They were behind on payments. Parents helped them get up to date.
Buying price: $250,000
Final rehab cost: $0
Rent-to-own: $1875/monthly
Private Money $0
Mortgage: $1348/month
ARV $329,900
Profit: Approx. $79,900
They found the buyer within 30 days.
https://www.jayconner.com/liveevent
Real Estate Cashflow Conference: https://www.jayconner.com/learnrealestate/
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
What is Real Estate Investing? Live Cashflow Conference
The Conner Marketing Group Inc.
P.O. Box 1276, Morehead City, NC USA 28557
P 252-808-2927
F 252-240-2504
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