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Updated about 9 years ago,
I WANT PROPERTIES - Have $900,000 That I Need to Use By Dec 31st
I have a money partner and he has $900,000 left to invest and need to use in the next 15 days.
I am looking for several houses we can rehab and then rent to own.
I am willing to pay a wholesaler a $5,000 or $10,000 wholesale or assignment fee if you can bring me the following property:
ARV - between $150,000 to $250,000
Repairs - below $20,000
Acquisition Price (including your wholesale fee): my formula for my maximum offer is 80% x ARV - repairs - $15,000
So for a $200,000 property (ARV) that needs $20,000 in repairs, I am willing to pay $125,000. That's higher than what rehabbers are willing to pay.
Property has to be in A or B areas of Chicagoland (Cook, Dupage, Will, Lake, Mchenry and Kendall counties)
Below is my definition of A or B areas:
If you have a property that does NOT fit the above criteria, I have 247 buyers asking me for properties every single day. We can co-wholesale your deals. You bring me the deal, I bring you the buyer. By the way, please fill up this calculator when sending me your deal. By doing this, I will know if you have a good wholesale deal or not and if it's a good wholesale deal to whom we can wholesale it to:
Email me your wholesale deal at [email protected].
Thanks and I look forward to working with you.