Thursday, September 28, 2017

Wholesale Deal - 1812 N. 48th Place Phx, AZ 85008 - Estimated 68% ROI

Wholesale Deal - 1812 N. 48th Place Phx, AZ 85008 - Estimated 64% ROI

5 Minutes from the airport, close to Arcadia, Scottsdale, Old Town, down town, sports, hiking, and night life.  

1615 sq feet built in 1956. 4 bedroom, 2 bathroom. 1/4 acre + corner lot with RV gate and 1 car garage.  New AC and New roof. Property is completely empty.  Call for viewings.

OPTION 1 Need set:  Cosmetic updating, enlarge master suite or add on a second master suite.  

Wholesale Price:  $245k
Estimated Rehab:  $60k
Estimated ARV:    $420k+

OPTION 2 Need set:  Keep current square footage, cosmetic updates

Wholesale Price:  $245k

Estimated Rehab:  $30k
Estimated ARV:   $329k

Call me for access. (623)237-2388
First contract and $5k non-refundable deposit to title wins.  Buyer to pay all closing costs.  GO!
See below for fun disclaimers, link to pics, estimated budget, and comps:

Link to pics:  https://www.dropbox.com/sh/entwi6j0ka3573d/AADGKv9Yi2e2VRI3gHBQQu_2a?dl=0




All Prices based on cash sale with $5k non-refundable deposit to secure property. 

IMPORTANT INFORMATION


  • All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.
  • One of managing members is a licensed Real Estate Agent in the state of Arizona.
  • If estimated values are provided, they are based on interpretation of MLS and Tax Data.
  • Hard Money Available on most transactions at range of 10-18% with 20-30% down and transaction fee.
  • Price is net to seller and Buyer pays all closing cost
  • Buyer agrees to double close of escrow




Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs


Comps OPTION 1:
ESTIMATED BUDGET OPTION 1:

Purchase Price 245000
Front side
Hard Mony loan  196000
Hard money down payment 49000
Interest hard money 
10% 6month term - 4 months 1960 7840
Closing costs 1500
Remodel 60000
Insurance 700
APS/Water 700
Total cash invest 119740 119740
Total Frontside costs 315740
Backside
Estimated renovated sales price 420000
Realestate commission 0.05 21000
title fees 1500
total fees 22500 22500
total frontside costs 315740
Total Earnings 81760
ROI 0.682813

Comps OPTION 2

ESTIMATED BUDGET OPTION 2:
Purchase Price 245000
Front side
Hard Mony loan  196000
Hard money down payment 49000
Interest hard money 
10% 6month term - 4 months 1960 7840
Closing costs 1500
Remodel 30000
Insurance 700
APS/Water 700
Total cash invest 89740 89740
Total Frontside costs 285740
Backside
Estimated renovated sales price 329000
Realestate commission 0.05 16450
title fees 1500
total fees 17950 17950
total frontside costs 285740
Total Earnings 25310
ROI 0.282037

Friday, September 15, 2017

Wholesale Deal - 2513 N 25th Place Phoenix, AZ



2513 N 25th Place
1449 sf hall craft home on a 1/4 acre. Built in 1955, red brick, with room to add on. 


$233k wholesale


Option 1
$360k  ARV
Rehab existing floor plan with modern updates. 

• 2339 n 28th pl @ $359,990 • 2521 E Cambridge Ave pending at 25 days @ $350k • 2317 N 29th st closed @ $365k • 2309 N 29th st closed @ $365k

Option 2
New builds in the area are under contract in the $415k-$442k range. Scrape and rehab.

Call me for access. (623)237-2388
First contract and $5k non-refundable deposit to title wins.  Buyer to pay all closing costs.  GO!
See below for fun disclaimers:




All Prices based on cash sale with $5k non-refundable deposit to secure property. 

IMPORTANT INFORMATION


  • All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.
  • One of managing members is a licensed Real Estate Agent in the state of Arizona.
  • If estimated values are provided, they are based on interpretation of MLS and Tax Data.
  • Hard Money Available on most transactions at range of 10-18% with 20-30% down and transaction fee.
  • Price is net to seller and Buyer pays all closing cost
  • Buyer agrees to double close of escrow




Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing cost

Sunday, September 10, 2017

Celebrating FOOTBALL Sunday with 2 Amazing Wholesales ...

I know it's football Sunday ... however, here are two amazing WHOLESALE DEALS ...

Deal 1
102 S Riata drive Gilbert, AZ 85296
Single family home
Lindsay and Elliott

Price: $245k
ARV: $330k
3 bed/2 bath with a pool, 2012 sqft
1985, 9017 sqft lot
2 Car Garage, Pool already chipped out for resurfacing.

Comps:
• 103 E Smoketree Rd Sold @ $318,900 • 449 E Sage Brush St Sold @ $335k • 630 S Lanus Dr UBC @$325k

Deal 2

5100 N Miller Rd 3, Scottsdale AZ 85250
Townhouse
Miller & Chaparral

Price: $260k
ARV: $360k
2bd/2.5ba, 1,759 sqft
1975, 2,435 sqft lot
2 Car Garage, Community Pool

Comps:
• 7955 E Chaparral rd 96 Sold @ 365k • 7933 e Medlock Dr Sold @ 359k • 4931 n Woodmere Fairway 1004 Sold @ 420k • 7643 e Rancho Vista Dr UCB @ 375k

Call me for access. (623)237-2388

First contract and $5k non-refundable deposit to title wins.  Buyer to pay all closing costs.  GO!


See below for fun disclaimers:






Fun disclaimers:




All Prices based on cash sale with $5k non-refundable deposit to secure property. 

IMPORTANT INFORMATION


  • All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.
  • One of managing members is a licensed Real Estate Agent in the state of Arizona.
  • If estimated values are provided, they are based on interpretation of MLS and Tax Data.
  • Hard Money Available on most transactions at range of 10-18% with 20-30% down and transaction fee.
  • Price is net to seller and Buyer pays all closing cost
  • Buyer agrees to double close of escrow




Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing cost

Friday, September 8, 2017

Wholesale Deal: 1613 W. Culver Street Phx, AZ 85057 - Projected 51% ROI and $90k+ earnings

Wholesale Deal:  1613 W. Culver Street Phx, AZ 85057 - Projected 44% ROI and $90k plus earnings

LOCATION, LOCATION, LOCATION ... Fantastic investment opportunity in the F.Q. Historic District.  3 bedroom, 2 bathroom, one car garage, with GUEST HOUSE or mother-in-law suite in back.  Lot is 6059 square feet, built in 1940, home is 1127 sq feet PLUS 240 sq foot GUEST HOUSE.  Total under roof is 1367.  Multi generational homes are in high demand across the Valley.  Close to all the revitalization efforts, choice dining, downtown night life, freeway access, Banner - University Medical Center Phoenix, Chase Field, and much more.  Two solid options for this property.

Option 1:  Keep same square footage, keep cabinets, change floors, counters, paint inside/outside, upgrade bathrooms, landscape

Options 2:  Bump the square footage by 200-300 square feet, add another master suite, complete modern features, floors, cabinets, upgrade kitchen, upgrade bathrooms.

Wholesale Price:  $250k
Estimated Rehab Option 1:  $30k
Estimated ARV Option 1:  $350k

Estimated Rehab Option 2:  $120k
Estimated ARV Option 2:  $500k

First contract and $5k non-refundable deposit to title wins.  Buyer to pay all closing costs.  GO!




See below for fun disclaimers, ESTIMATED budget, pics, and comps:

Fun disclaimers:




All Prices based on cash sale with $5k non-refundable deposit to secure property. 

IMPORTANT INFORMATION


  • All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.
  • One of managing members is a licensed Real Estate Agent in the state of Arizona.
  • If estimated values are provided, they are based on interpretation of MLS and Tax Data.
  • Hard Money Available on most transactions at range of 10-18% with 20-30% down and transaction fee.
  • Price is net to seller and Buyer pays all closing cost
  • Buyer agrees to double close of escrow




Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing cost


Link to pics:
https://www.dropbox.com/sh/3m76kmhkxgv3uwc/AABxjUDfUrcB7vxPNNUgDNcfa?dl=0

Comps:



OPTION 1 Estimated Budget:

Purchase Price 250000
Front side
Hard Mony loan  200000
Hard money down payment 50000
Interest hard money 
10% 6month term - 4 months 2000 8000
Closing costs 1500
Remodel 30000
Insurance 700
APS/Water 700
Total cash invest 90900 90900
Total Frontside costs 290900
Backside
Estimated renovated sales price 350000
Realestate commission 0.05 17500
title fees 1500
total fees 19000 19000
total frontside costs 290900
Total Earnings 40100
ROI 0.441144

OPTION 2 Estimated budget:

Purchase Price 250000
Front side
Hard Mony loan  200000
Hard money down payment 50000
Interest hard money 
10% 6month term - 4 months 2000 8000
Closing costs 1500
Remodel 120000
Insurance 700
APS/Water 700
Total cash invest 180900 180900
Total Frontside costs 380900
Backside
Estimated renovated sales price 500000
Realestate commission 0.05 25000
title fees 1500
total fees 26500 26500
total frontside costs 380900
Total Earnings 92600
ROI 0.511885