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Updated over 3 years ago,
Philadelphia Off-Market REI For Sale By Owner
Want to create a portfolio of cash flowing single family homes? I sell practically turnkey rental properties all throughout Philadelphia, PA. I also sell full gut rehabs that can flipped for nice returns. These are under contract off-market or MLS deals that we are selling at a discount. The prices range from $50k - $1mil and includes small single families up to average sized multis (4-10 units).
The majority of my deals are 75% deals on paper. Purchase, rehab, closing costs etc. equate to 75% of the ARV. The cap rates range from 5%-8% for rentals.
I have an acquisitions team that finds the properties, negotiates price and gets it under contract if the deals right. I will personally send you the deals (10-15 a week) along with comps straight off the MLS.
I will be your feet on the ground in Pennsylvania! My team has been here for 8 years so we have seen a lot of changes in the market and know the ins and outs of it.