Monday, January 28, 2008

Fantastic Rental - Very Little Make-Ready Work...

This property is back on the radar because our initial buyer could not perform...

Now that's a rare opportunity - that you have a second chance on right now!

This property is located in Whittier, CA (LA County). It's a 4 bedroom, 2 bath house with 1152 sf of living space on a 5000 sf lot.

Here is a list of cool things about this home:

1) 4! bedrooms (increased rental value)
2) Updated kitchen with tiled floor, new cabinets and appliances
3) Window change out
4) Vinyl siding
5) We have a current appraisal for $480,000 (the property right next door recently sold for that...)

Here is what it needs:

1) Carpet and paint
2) Minor repairs in bathrooms
3) Fence and patio repair in back
4) Land scaping

Let's look at some pictures and then I'll give you the numbers:


Front

Side (this drive way goes to a separate property in the back)

Back (extra room behind garage on left and covered patio on the right)

Remodeled kitchen


Living Room

Master Bath

Master Bedroom

OK, here are the numbers:

Appraised at $480,000 (as-is)

You can buy it for a full $145,000 equity spread for only $335,000.

What do you need?

Cash

OR

Approved credit and $10,000 non-refundable deposit.

Let me be clear on this: You CAN get conventional financing for this deal if you can close in 30 days. 10%+ down payment will get the deal.

Email me immediately to snatch this deal!

Saturday, January 26, 2008

Major Fixer - Developers' Dream - Dramatic Reduction

No excuse for not buying! Here is another true wholesale deal. A legal duplex on a good street in Watts for 35 cents of a January "As-Is" appraisal ($382,000)! - Less Than Land Value! Only $134,700 (includes assignment fee) - cash or hard money only! 10-day close.

1700-block of E 112th St, Los Angeles, CA 90059

This property is surrounded by nicely fixed homes and units. No influence from "projects". Right across the street are 4 brand new duplexes (2 still under construction). Great rental income potential.

The front house could be fixed. The back unit is in ruins. Typically, these old homes in the neighborhood are being torn down and rebuilt from scratch.

Sign up for blog updates and mailing list for full address! Call immediately!


Front (note the nice property next door!)

Living Room

Hall

Bedroom

Kitchen

Bath

Back of the front house



Back unit (tear-down, not liveable)

Wednesday, January 9, 2008

Time to hook you up with some wholesale deals...

OK, it's that time again. Time to clear out some inventory and move on to the next set of super bargains...


How about a nice cosmetic fixer in Compton?


Would $100,000 in "After-Repair Equity" (ARE) be alright?


Well, here are some pictures:

Front

Side w/Driveway & Detached Garage

Back

Living Room

Kitchen

This is on 131st St in Compton.

Again, it's an easy cosmetic rehab in a great rental area.

Our Wholesale price: Only $250,000
email: tom.b@CaWholesaleDeals.com

Thursday, January 3, 2008

$.55 on the Dollar - Rental in MO

Kicking up your investing in 2008?

How about a nice buy-and-hold with a pond on 3 acres?

This home is appraised for $135,000. That leaves you an equity spread of $60,000 with only minor cosmetic repairs.

The only caveat is that it needs a new well to be drilled.

And for that reason, the seller will rebate $7,500 to you at closing!

This is truly a no-brainer for anyone looking to build equity and long-term wealth in real estate.

E-mail me immediately for details, but hurry - this will not last long!



Front: 3 bedrooms, 2 baths, 1300 sf

Back: Semi-finished basement and large deck

Street view

On the lot: Pond on 3 acre parcel