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Updated about 7 years ago on . Most recent reply
ANOTHER EXCELLENT OPPORTUNITY FOR 1ST TIME FLIPPERS!!!
Hi all,
We are opening up a great opportunity to new (or seasoned) investors! One of the problems when starting out investing in real estate is that you are usually dealing with 100’s of thousands of dollars to get into a property. That can be pretty scary to a new investor. Not to mention trying to qualify for funds for acquisition and rehab.
We have developed a program that makes the flip process or buy and hold process a lot easier for a newbie.
First of all, we are Home Investment Team, llc. A Colorado based company that operates in Colorado as well as other parts of the US. We look for distressed properties, acquire them and then rehab to be used as rentals or flip them.
Recently we started pursuing properties in the Detroit area (after much research about the economy there). There is a great demand for rentals and a great supply of distressed properties, all at great prices.
This property is a 3bd, 1ba home that is in pretty good shape (needs updating and some minor repairs).
Check it out here https://www.zillow.com/homedetails/3329-S-Bassett-...
We are offering this property three different ways.
1. We will wholesale it at $26,000 and you do the repairs (Approx $13,000). ARV is $49,000
2. We will JV with another investor (you), rehab the property, rent it out and hang on to the property and split passive income.
3. Sell the property turnkey - We will sell you the property, do the the rehab, get a tenant in place, and get property management in place so that all you need to do is enjoy your passive income.
If this sounds like what you’re looking for, Contact me for full details.
We also have another property we will be doing the same thing with that will be listed in a different ad.
Talk to you soon,!
Ray