What a view...

Thursday, January 31, 2008

Near Downtown Indianapolis!


N Capital Avenue, Indianapolis, IN 46208

  • Single Family Home
  • 5,280 sqft lot
  • Near Downtown Indy
  • 3 Finished Levels + basement
  • 3,000+ sqft
  • 5 Bedrooms & 2 bathrooms (city shows 6 bedrooms)
  • Comps are coming in at $60,000 to $100,000
  • Under contract for $20,000


The Real Deal:
Assignment Fee: $5,000 (purchase the contract)
Asking Price: $27,000 (double escrow)

Tuesday, January 29, 2008

Cash Flow'n 6 Unit




















South Crysler Ave, Independence, MO 64052
6 Units total
  • 2 story
  • 4 Units are 1 bed/1 bath, and 2 are studios
  • Total living 2,400 sqft
  • Covered parking on gravel lot
  • 1979 Year Built
  • 100% Rented, No Vacancy!
  • Annual Taxes (Jackson County Website): $860
  • Insurance for dwelling: $1,390
  • Owner pays electric for common areas, avg $275 mo.
  • Owner pays water $50 mo.
  • Tenants pay all other utilities.
  • New stoves and refrigerators in each unit
  • Property management in place
  • Just fell out of escrow last month for $185,000 and owner wants it sold!
  • Appraised (Jan 07): $195,000
  • Contract for $115,000 and needs to close escrow by Feb 29th 2008

Rent Schedule
Unit#1: $295 Lease Ends: 10/08
Unit#2: $310 Lease Ends: 11/08
Unit#3: $250 Lease Ends: 11/08
Unit#4: $250 Lease Ends: 11/08
Unit#5: $310 Lease Ends: 1/09
Unit#6: $300 Lease Ends: 10/08
Total Rents: $1,715



The Real Deal:
Assignment Fee: $10,000 (purchase the contract)

This needs to be sold ASAP, short term escrow

Sunday, January 20, 2008

Developer Discounts 15 Home Project!

The project is located in Henderson, Nevada (several minutes away from Lake Las Vegas). The community consists 15 one acre finished lots, four floor plans with multiple elevations for each ranging from 5,430 to 6,500 square feet. The entire project is surrounded by a finished stucco wall with an assortment of vegetation, tree's, plants. The community has two entrances both of which are gated with a secured phone voice station. The homes consist of the following interior and exterior amenities; 2x6 exterior walls, hand textured plastering, custom wood doors, custom wood cabinets, travertine, marble, Viking appliances, casitas, RV garage, theatre rooms, wine closets, and full mature front yard landscaping.

Current Status:
At present time one home has closed, five are finished, one partially finished-60%, and eight finished lots are available.

Seller/Developer:
The developer wishes to sell all of the property and pay off all bank obligations in full. The discounted prices reflect the amount owed to the bank without current interest. Upon a sell, the developer would finish the entire project and a discounted flat fee.


The Real Deal:
Wholesale Price: $14,935,000
Appraised Value: $20,510,000
73% LTV
Seller has three other creative options to pick from for qualified investor

Thursday, January 17, 2008

Have you heard of "investCLUB for Women"?


Orange County's youngest real estate club is growing by leaps and bounds! Even though this is a womens real estate club, men are welcome! However, the guys must be aware that InvestCLUB does request you either bring a female guest, or you can sponsor one at the door. Bring your deals, get educated, and NETWORK! For more info, you can visit www.investCLUBforWomen.com

Monday, January 14, 2008

68% LTV Penthouse

















Brand new, never lived in high-rise Penthouse @ 68% LTV! Located in one of the best high-rise buildings in Vegas!





4,600+ square feet living space!
180+ Panoramic views of the Las Vegas Strip!
2 story penthouse
2 full bath
2 half bath
2 to 4 bedrooms
2 patios
Appraised for $4,750,000
Contract for $3,050,000

The Real Deal:
Assignment Fee: $250,000 (purchase the contract)
OR
Wholesale Price: $3,550,000 (double close)
This needs to be sold ASAP, current buyer can't close!

Wednesday, January 9, 2008

Looking for Residential Lots w/ 100 Lots Min!

The Real Deal:
Investors from China are looking to buy up residential lots with a minimum track of 100 lots/homes. Must be in desirable locations, and a minimum of 25% equity. Equity is based on TODAY'S value.
  • No Condos
  • No Commercial