Good afternoon Vernon,
My wife Sandra and I are investors (rehab/flip) in the cocoa beach fl. area. We are currently looking @ bank owned properties. On average they are listing bettween 70K and 90K. The ARV's are generally 130K to 150K. respectivly. Could you please send me your terms and conditions with regards to these types of properties.. firstname.lastname@example.org Thank you for your time.
An opportunity to earn 12.00% for up to 7 years!
Chicago IL 60617
We're bringing in a money partner to fund the following great deal:
The value of the property is $180,000 after we spend $60000 getting it ready for occupancy.
Our projected profit is $50,000 over 7 years!
We will rent the property for $1295 monthly or sell with wraparound terms for $1280.
We are looking to borrow $108,627 at 12.00% for up to 7 years secured by a 1st position lien.
The amount owed on the property totals $0.00 with a total monthly payment of $0.00.
The ITV or investment to value is 60.3% with a $71,373 cushion of equity to protect you.
Monthly payments on this investment are $1117.35 a month, amortized on a based of 30 years.
You can request a higher/lower monthly payment based on your income or growth goals.
Would you like to learn more about this opportunity?
I been fliping property for 15 years with 27 years in the reo rehab business for bank own homes . can you email me your requirement for funding