All Forum Posts by: Darren Mancuso

Calling all qualified investors to the table! This is a FANTASTIC opportunity for you to potentially make $50,000+ on a flip project in the aggressive A market of Lakewood Ohio.

Comparable properties within a half-mile radius are going between $365,000 and $565,000 retail!!! This is because the property is located on the highly sought out Clifton Blvd.

The property has great bones and excellent potential. It does however, require some much needed updating and modernizing.

If you are investor savvy, have the capital to spend, and the vision to make this home another Clifton Blvd. beauty, then please respond directly to this post or send an email to [email protected]. We will be happy to answer any of your questions, send you our full investment analysis report, full address, any additional photos we have, and can get you set up to view the property.

disclaimer - we possess equitable interest in this property through a contractual agreement, the contract is what is for sale

***PRICE REDUCED - MOTIVATED SELLER - BRING ALL OFFERS***

This is a great buy & hold investment property. Located near the up & and coming East Liberty area of Pittsburgh, this 5 bed home could be your cash flow dream home. If you are willing to put in some time and money into a full rehab you'll potentially earn yourself a 16% COC RETURN with $1,100 of rent potential!

This property will require roughly $30K in necessary repairs and upgrades to make this single-family home operational for renters.

To secure your cash flow position, respond directly to this ad with your contract information. Hurry, DEAL WON'T LAST.

disclaimer - we possess equitable interest in this property through a contractual agreement, the contract is what is for sale

***PRICE REDUCED PROPERTY - HIGHLY MOTIVATED SELLER - $25K - BRING OFFERS***

This property borders the high valued Lawrenceville area and is directly located in the emerging Garfield market. Although this house is a bit on the smaller side it can really pack a cash flow punch ($950/month) and will attract high quality tenants!

This property will require roughly $20K in necessary repairs and upgrades to make this single-family home operational for renters.

To secure your cash flow position, respond directly to this ad and provide your contract information. Hurry DEAL WON'T LAST.

disclaimer - we possess equitable interest in this property through a contractual agreement, the contract is what is for sale

This is a great buy & hold investment property offering close to a 14% ROI! This is a side by side duplex (operating as two separate single-family homes). This Duplex features two units side by side, each with it's own kitchen space, 2 beds and 1 bath with market rents at $850 per unit. The total RENT POTENTIAL is $1,700/month!!

This property will require roughly $40K in necessary repairs and upgrades to make this Duplex operational for renters. Also $30K is owed in back-taxes on this house and will need to remedied in order to close. Yet, still with the cash investment of the purchase price, repairs, & back-taxes, you will still be looking at a 14% COC RETURN!

To receive our personalized analysis report for this property and/or to schedule a showing, please reply to directly this post and include your email address.


disclaimer - we possess equitable interest in this property through a contractual agreement, the contract is what is for sale

This is a killer deal! This property borders the high valued Lawrenceville area and is directly located in the emerging Garfield market. Although this house is a bit on the smaller side it can really pack a cash flow punch ($950/month) and will attract high quality tenants!

This property will require roughly $20K in necessary repairs and upgrades to make this single-family home operational for renters.

To receive our personalized analysis report for this property and/or to schedule a showing, please reply to directly this post and include your email address.

disclaimer - we possess equitable interest in this property through a contractual agreement, the contract is what is for sale

This is a great buy & hold investment property. Located near the up & coming East Liberty area of Pittsburgh, this 5 bed home could be your cash flow dream home. If you are willing to put in some time and money into a full rehab you'll potentially earn yourself a 13% COC RETURN!

Serious buyers please email: [email protected] to request our personalized property analysis report!

THIS DEAL WILL NOT LAST, INQUIRE BEFORE IT'S SOLD

@Derrick Lubomski , you are absolutely on the right track! House-hacking is an excellent way to get into the game of real estate. I agree, Pittsburgh is HIGHLY competitive when it comes to regular MLS listed properties, so off-market deals (although hard to come by) are hugely important when you want a good return on your investment.

To get back to your questions, I would say it is not totally necessary to have an agent in this situation. Although it may be helpful to have one to ask about that specific market (aka run the comps to see what the ARV of your prospective property would be) other than that and helping you get the paperwork settled in closing the deal (which title companies will handle), they will not be hugely of value to you. Keep in mind, that an agent when you are a buyer will get paid from the seller, not from you. In that respect, it would make sense having one to walk you through the process of your first deal because you are not necessarily paying for one out of your pocket.

In terms of financing, I would try for the 203K loan first due to the low interest rate, yet banks make it tough to get approve nowadays and need to know literally everything about you in order to get approved. I'd give it a shot first, but if that doesn't work I'd try a hard money lender to finance your deal and rehab cost and then refinance out with a traditional bank loan after it is rented.

Anyways, I wish you the best of luck with your first deal! If you decide to jump back into buying more property I actually source off-market deals for investors in the Pittsburgh market now, so I'd love to open up the floor for a conversation to see if I could help. Shoot me a private message here on BP if you're interested in learning more.

Best,

Darren