👑 Subject Too Flip Opportunity in Vancouver Heights 👑
Down Payment: $30,000
This is a clean, short-term subject-to play with minimal carrying costs and strong upside. You’re stepping into the existing financing—avoiding hard money and expensive lending fees—while keeping closing costs minimal upfront due to the subject-to structure. The total debt on the property is approximately $380,000, and with a payment of just $2,500 per month, the hold is inexpensive and allows you to stay focused on execution. The plan could be a light value-add or a modernization to bring the property in line with nearby comps, creating a clear path to resale. If executed well, the ARV is projected to be in the $575,000 range. To further enhance the exit, we’re offering a 1.5% list-back, maximizing market exposure while keeping disposition costs low. Overall, this is a straightforward flip opportunity centered on speed, efficiency, and strong margins without unnecessary financing risk.
Mortgage information:
Mortgage balance: $276,848.16
Interest rate: 7.125%
Principal pay down: $104.88
Monthly payment: $2,512.08
Past due balance: $12,517.88 (Included in Downpayment)
There is a silent second mortgage with 0% interest for $104,000 from HUD, to be paid upon resale of the property.
ARV: $575,000
9617 Boulder Ave, Vancouver, WA 98664
4 beds | 2 baths | 2,064 sqft
Split-level layout with the living room upstairs and a family room downstairs
Large deck off the living room
Vinyl siding and electric heating
Large laundry room with washer and dryer hookups
Large bathroom downstairs can accommodate a shower, converting it into a second full bathroom and significantly increasing ARV
Roof has approximately 10 years remaining
Needs railing in the front
Needs interior paint, upstairs flooring needs refinishing and the kitchen needs repair
Some windows need repair or updating
0.19-acre lot with a fenced backyard, patio area, single-car garage, and covered RV parking
Located in a quiet neighborhood with quick access to major highways, shopping, and an easy commute to Portland
ARV Comps:
https://www.zillow.com/homedetails/405-NE-144th-Ave-Vancouver-WA-98684/23284904_zpid/
https://www.zillow.com/homedetails/10216-NE-15th-Cir-Vancouver-WA-98664/23287427_zpid/
We have a partnership with a local brokerage that has agreed to a 1.5% list back on this deal.
Call for Walkthrough and Details!
Closing date: 5/15/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
