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I own the contract on this house. The closing is 4/25. To purchase outright it's 65k.
If we agree to partner for a flip your cost is 60k. See details below.
This is a 1152 Sq ft., 3br/1bath ranch with partly finished basement. It's located on a quiet dead end street and in a good school system.
Contract cost $65,000
Repair costs $35000
My costs $40,000 + on site, sweat, energy (worth 25% of deal)
Your cost $60,000 + experience and contacts (worth 75% of deal)
ARV $135,000 - $140,000; $135000 - $100,000 = $35,000; Your ROI = $26,250 (/$60,000 = 43.7%)