My Deals

Selling NOW ...for quick cash !!!
Mobile home on lot with garage
Investor needs $$$$$$$ for bigger deal !!!

$12500...cash

This will be gone so jump on this opportunity NOW !!!

The property is a 4 unit house located in the city of Binghamton, in upstate New York. Here are the numbers.

Income
Unit 1 1 Bedroom 500
Unit 2 1 Bedroom 500
Unit 3 1 Bedroom 500
Unit 4 1 Bedroom 500
Total 2000

Expenses
Insurance 70
Taxes 200
Utilities 600
Water 100
Maintenance 100
Total 1070

Let me know if you're interested. I am open to all types of financing so if you're creative here is the opportunity you have been waiting for.

Hey guys just finished putting the numbers together on a deal im looking at.saw the property today and whoever took the ad pics should work for national geographic,lol.Its a 3 unit comm/resid. adj.gross is 23.4k per year expenses taxes 2,226, water 814, sewer 1k, oil 3k, insurance 885, plowing 300, trash 400.gives me a total of 8800 yearly expenses.adj.net income 14.7k yearly.asking price is 160k with 30% down for owner financing.it has long term tennants in place.FMV is 250 it needs a little freshening up.Sweat equity for me.after DP he finances 112k at 6.5% which works out to 738083 per month.that would give a 12.31% cash on cash return.42 per sq.ft.

What is 1/2 a deal? That is the property that I signed the contract on today. It is only 1/2 a deal because I have not sold it yet!! I paid a little more than I like to, but I think I will be OK.
Paid $77,000 68% Of ARV including remodel costs
Needs $25,000 remodel
ARV is $150,000
Buy price $85,000 73% of ARV including remodel costs.

I gave this deal to a new investor off the DG site here in Colorado and gave him 24 hours to find a buyer. I will pay him $1500 if he can produce, that's enough to count as one of his 5 success academy refund deals. We will see. Saturday night I will make a few calls and get the thing sold if I need to.
It's an REO so I will make around $6400 after my TF costs.

Im interested in beginning my first deal but is the this a deal to do or not?

$45,000.00
Park Hills Subdivision
Grandview Missouri

I have video, pictures, comps, taxes, insurance, closing costs, and rental information, Contractor bids, as well as and inspection report.

Property Details
Year Built: 1963
Square Feet: 1244
# of Bedrooms: 3
# of Bathrooms: 1 full 2 half
Property Taxes: $1811
Property Type: Single Family
Basement: Finished
Garage: 2 Car

ARV: $105,000 Low $127,000 with updates (granite, hardwoods, tile)
Tax assessment: $99,774
Estimated repair: $20,000-$30,000 (retail) $10,000 to $15,000 (Rental)

CASH FLOW OFFER FORMULA
** Calculate Per Month
Market Rent/LO $850.00
Property Management Fee ($60.00)
Insurance ($50.00)
Taxes ($150.00)
Vacancy Reserve ($50.00)

So I have 4 Bulk REO Packages and I am in dyer need of a buyer! I have tried marketing it to a hedge fund but they got all excited and has been dragging their feet on paperwork! I am really lost guys I really need to get these things gone asap! They are nationwide tapes that can be taken down by region. All the properties are priced at 30 cents on the dollar! Any advice as to how to get these gone?

So I have 4 Bulk REO Packages and I am in dyer need of a buyer! I have tried marketing it to a hedge fund but they got all excited and has been dragging their feet on paperwork! I am really lost guys I really need to get these things gone asap! They are nationwide tapes that can be taken down by region. All the properties are priced at 30 cents on the dollar! Any advice as to how to get these gone?

* This post is originally from MsIndiana317 *

*You would be amazed of what you can accomplish through teamwork!*

MsIndiana317 wrote: I have been working on a deal since early December. Went back and forth with the owner for over a month. Finally got the property under contract late January and have been trying to flip it ever since. I am just now getting it sold, will close sometime next week:)! The potential profit went from $10-15k to now $3k. I know something is better than nothing and I am so glad to be done with this deal (if only you knew what all this deal entailed!). If I had the capital, I definately would have bought it myself, because I know it would make a great return.

Just did a really sweet contract assignment today and had to post!
Here are the details:
A homeowner called on a bandit sign placed in his neighborhood. He had a house completely free and clear that was in such bad shape he could not sell. I looked at it and it was a solid little brick 4/2 tudor/ranch in a hot area on a nice street. The inside is a complete gut. Kitchen, bathrooms, flooring, paint,windows, wall and ceiling repair, totally ugly through out !!