I just got back from wiring money on House #9. We wholesaled this house to the same investor who bought House #7A and #7B. He is looking for rental properties and already has this one rented for $900/mo. It wast listed for $89k in the MLS, and we ended up selling it to our buyer for $52k with a small profit for us.
House #9 is a great deal, but it is tiny! It was built as a 1 bedroom, 1 bathroom but at some point the owners illegally converted the garage to a second bedroom. The house only requires very minor repairs (it’d be a stretch to spend $10k). Since we do not want to focus on rentals at this point we ended up selling it.
We are double closing this deal, so we had to close escrow for one day (tomorrow), and the next day our buyer can close (Thursday). So, if everything goes as planned we should have all of our money back by Friday.
Here it is: