Thursday, November 17, 2016

Wholesale deal - 3004 N 34th Pl, Phoenix, AZ 85018 - Estimated 50% ROI

3004 N 34th Pl, 
Phoenix, AZ 85018

Pre - Thanksgiving Turkey Deal... Gooble Gooble!

Estimated 50% ROI .... Cute floorplan in Arcadia Lite.  4 bedroom, 1.75 bath, 1360 sq feet on 9000 sq foot lot.  Zoned [R-3] Multiple Family Residence (Detached SF 5 To 6.5 Or 12 W/Bonus) (Attached 14.5 To 15.23 Or 17.4 W/Bonus).  Lot has room to add on for multi-unit complex.  

Need set:  Cosmetic update and covered parking

Wholesale Price: $158k
Estimated Rehab:  $50k
Estimated ARV:  $280k



DO NOT DISTURB OCCUPANTS.  Need to set appointment to view.

CASH/HARD MONEY BUYERS ONLY - MUST HAVE PROOF OF FUNDS


Close of escrow on or before 11/22/2016.  First signed contract and $5000 non-refundable deposit to title wins.  Buyer pays all closing costs.  .

See below for fun disclaimers, ESTIMATED budget, pics, and comps and link to 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 14-18% 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:




Pics:










Estimated Budget:


Property Address
Purchase Price 158000
Front side
Hard Mony loan  126400
Hard money down payment 31600
Interest hard money 
- 18% 6month term - 4 months 1896 7584
Closing costs 1500
Remodel 50000
Insurance 700
APS/Water 700
Total cash invest 92084 92084
Total Frontside costs 218484
Backside
Estimated renovated sales price 280000
Realestate commission 0.05 14000
title fees 1500
total fees 15500 15500
total frontside costs 218484
Total Earnings 46016
ROI 0.499718








Wholesale deal - 3004 N 34th Pl, Phoenix, AZ 85018

3004 N 34th Pl, 
Phoenix, AZ 85018

Pre - Thanksgiving Turkey Deal... Gooble Gooble!

Cute floorplan in Arcadia Lite.  4 bedroom, 1.75 bath, 1360 sq feet on 9000 sq foot lot.  Zoned [R-3] Multiple Family Residence (Detached SF 5 To 6.5 Or 12 W/Bonus) (Attached 14.5 To 15.23 Or 17.4 W/Bonus).  Lot has room to add on for multi-unit complex.  

Need set:  Cosmetic update and covered parking

Wholesale Price: $158k
Estimated Rehab:  $50k
Estimated ARV:  $280k



DO NOT DISTURB OCCUPANTS.  Need to set appointment to view.

CASH/HARD MONEY BUYERS ONLY - MUST HAVE PROOF OF FUNDS


Close of escrow on or before 11/22/2016.  First signed contract and $5000 non-refundable deposit to title wins.  Buyer pays all closing costs.  .

See below for fun disclaimers, ESTIMATED budget, pics, and comps and link to 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 14-18% 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:




Pics:









Estimated Budget:

Property Address
Purchase Price 158000
Front side
Hard Mony loan  126400
Hard money down payment 31600
Interest hard money 
- 18% 6month term - 4 months 1896 7584
Closing costs 1500
Remodel 50000
Insurance 700
APS/Water 700
Total cash invest 92084 92084
Total Frontside costs 218484
Backside
Estimated renovated sales price 280000
Realestate commission 0.05 14000
title fees 1500
total fees 15500 15500
total frontside costs 218484
Total Earnings 46016
ROI 0.499718








Friday, September 23, 2016

REDUCED - Wholesale Deal - 317 N. Hall Dr, Mesa, AZ 85203

REDUCED - Wholesale Deal -  317 N. Hall Dr, Mesa, AZ 85203


This 2151 square foot home has three bedrooms and two full bathrooms and already has some enhancements such as; newly replaced carpet, two charming fireplaces, a brand new roof, a spacious den located behind a secret panel, a freshly painted interior and exterior, a fully air conditioned workshop, a brand new hot water heater, a large living room and family room with a built in bookcase and a vintage entertainment center. Kitchen has been updated and stove top and oven were both replaced in 2015.  The backyard has an extended covered patio and a tall block privacy wall.  Link has been posted below.  

Need set:  Cosmetic updating.  This could be a fun project depending on how far you want to take the remodel.  Home has a lot of character, estimated rehab of 20k is spot on given that so many features have already been updated. 

Wholesale Price:  $195k .... REDUCED to $190k
Estimated Rehab:  $20k
Estimated ARV:  $290K


Close of escrow on or before 10/07/2016.  First signed contract and $2500 non-refundable deposit to title wins.  Buyer pays all closing costs.  Escrow is opened at First Arizona Title - Kim Stembridge is EO (623)385-1004.


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

Fun disclaimers:






All Prices based on cash sale with $2500 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 14-18% 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.
 Pics to wet your whistle:





 Comps:

 Estimated Budget:

Purchase Price

190000











Front side





Hard Mony loan 



152000

Hard money down payment

38000

Interest hard money 





- 18% 6month term - 4 months 2280
9120

Closing costs


1500

Remodel



20000

Insurance



700

APS/Water



700


Total cash invest

70020 70020


Total Frontside costs

222020









Backside






Estimated renovated sales price

290000

Realestate commission 0.05
14500

title fees



1500


total fees


16000 16000


total frontside costs


222020

Total Earnings



51980

ROI




0.742359