April 3rd: Denver Bank Foreclosure Deal of the day
Today’s Denver bank foreclosure bargain deal of the day is in the Denver Northwest area, an extremely hot and trendy area known as “The Highlands” or “LoHi” or “Potter Highlands“. This particular Denver bank foreclosure is sure to be under contract by Monday due to the equity involved: $182k is what my software has it coming to. It is listed in the low 200’s, ARV in the low 400’s to be conservative. The floorplan looks extremely desirable: 5/2 brick ranch that has 1014 sq ft up, 1014 sq ft in a finished basement. When discussing rehab opportunities, otherwise known as fix and flips, I like to use baseball analogies. This one would be classified as a triple or home run in my book, which is why I have one of my contractor clients writing an offer on it today. To receive my Daily Hotsheet full of properties like this, contact me for more info!