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All Forum Posts by: Emilio Basa

Emilio Basa has started 42 posts and replied 257 times.

Post: 9 Property Detroit Cash Flowing Portfolio - Over 20% ROI!

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105

Yes. Warranty Deed. 

Post: My experience with Randy Hughes, Mr. Land Trust

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105

Anybody want to partner up on this course? Or is there an investor who has this course that wants to sell it used? 

Post: 9 Property Detroit Cash Flowing Portfolio - Over 20% ROI!

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105

I have a wholesale deal on portfolio of 9 tenant occupied properties in Detroit. These properties are mostly on the Westside and vary from 2-3 Bedrooms. Some rents are below market value. The properties are all self managed. Some pictures are available and more are coming soon. 

* Asking Price: $216K
* Gross Annual Income: $63K
* Net Annual Income: $45K
* Annual ROI: 20%

1. 19740 Lindsay St, Detroit, MI 48235 - 2BD - $550/month
2. 18984 Huntington Rd, Detroit, MI 48219 - 3BD - $650/month
3. 17355 Vaughan St, Detroit, MI 48219 - 3BD - $600/month
4. 18291 Patton St, Detroit, MI 48219 - 3BD - $575/month
5. 18427 Pierson St, Detroit, MI 48219 - 3BD - $600/month
6. 12925 Evergreen Rd, Detroit, MI 48223 - 2BD - $490/month
7. 12069 Minock St, Detroit, MI 48228 - 2BD - $620/month
8. 11301 Artesian St, Detroit, MI 48228 - 2BD - $575/month
9. 8614 Stout St, Detroit, MI 48228 - 3BD - $600/month

Dropbox Photos: https://www.dropbox.com/sh/wc7laxr6vp6uds0/AADIkOj...

Being sold as-is. This is an assignment. Looking for cash buyers only! Call today for more details: (248) 227-3908 or email [email protected]. $5,000 EMD.

Post: 3BD/1.5BA Brick Detroit (Westside) ARV $60-80K - Asking $37K

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105

Post: 3BD/1.5BA Brick Detroit (Westside) ARV $60-80K - Asking $37K

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105
  • Address: 8503 Ohio St, Detroit, MI 48204
  • Asking Price: $37K OBO 
  • 3BD/1.5BA - Basement 
  • 2 Car Detached Garage 
  • ARV: $65-80K

This property is a 3BD/1.5BA brick home with a full basement and 2 car detached garage. The house has great bones and is solid. Kept in good condition, but does need some fresh paint and carpet. Cash offers only! No Land Contract.

Being Sold AS IS. This is an assignment. Looking for cash buyers only! Call today for more details: (248) 227-3908 or email [email protected]. $1,500 Non-refundable EMD

Post: 2 UNIT MULTIFAMILY WALKING DISTANCE TO DOWNTOWN MARINE CITY

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105
  • Address: 545 S Elizabeth St, Marine City, MI
  • Asking: $60K
  • Estimated Gross Rent: $1,250/month
  • Repairs needed: $35K

Duplex located right across the street from the Belle River and is just 2 blocks away from the St. Clair River. Upstairs tenant recently left. Lower unit has access to the basement and is a one bedroom, one bath unit. Top unit has 2 bedrooms, one bath and comes with a stack able washer and dryer The roof was done last year.

Asking $60,000. The house has a foundation issue, needs gutters and the facia needs painting. I have a bid on the foundation repair for $9,200.

24 hour notice is required before a showing per occupants request. Being sold as-is. This is an assignment. Looking for cash buyers only! Call today for more details: (248) 227-3908 or email [email protected]. $1,500 Non-refundable EMD. Contact me for more pictures

Post: Detroit Michigan Loans for 5 Units and Up, Buy and Hold

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105

@Greg Anderson - What are the rates and terms? Also Please keep me posted on the 1-4 units. I have a triplex under contract now and I'm looking for more. 

Post: Monroe MI Rehab Opportunity! 4B/2BA - ARV:$125K - Only Asking $68

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105

I have a wholesale deal in Monroe, Michigan. This is 4BD/2BA in need of some TLC. ARV is coming back at $125K.

  • 4BD/2BA
  • 2200 sqft
  • Newer roof
  • Built 1853
  • Garage
  • Basement
  • Frame
  • Closing with a Warranty Deed

DROPBOX PHOTOS: https://www.dropbox.com/sh/7e3p1smept36x6j/AACJby1n8C3DApvZtDPWHNQva?dl=0

Being sold as-is. This is an assignment. Looking for cash buyers only! Call today for more details: (248) 227-3908 or email [email protected]. $1,000 Non-refundable EMD.

Post: 2BD/1BA Warren, Michigan - Full Rehab needed - Good rental

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105

I have a wholesale deal in south Warren. This is a 2BD/1BA on a crawl space. There is a 1 car detached garage with a large backyard. This property will need a full rehab.

  • 2BD/1BA
  • 720 sqft
  • 1 car detached garage
  • Crawl
  • Hardwood floors
  • Market Rent: $750/month
  • Closing with a Warranty Deed

Being sold as-is. This is an assignment. Looking for cash buyers only! Call today for more details: (248) 227-3908 or email [email protected]. $1,000 Non-refundable EMD.

Post: Mt. Clemens Rehab - 3BD/2BA - Basement - Garage - $100K ARV

Emilio BasaPosted
  • Wholesaler
  • Sterling Heights, MI
  • Posts 335
  • Votes 105

I have rehab opportunity in Mt. Clemens. The previous owner lived in this property for 20 years and it needs a full rehab. This property is a 3BD/2BA with a full basement and a 2 car detached garage. Newer roof, but this property will need to be gutted.

  • 3BD/2BA
  • 1200 sqft
  • 2 car detached garage
  • Basement
  • Closing with a Warranty Deed
  • Asking Price: $40K
  • ARV: $100K

Dropbox Photos: https://www.dropbox.com/sh/krxcfd5y8rutvnp/AABk_H–IeOKRdqXPfsjQowYa?dl=0

Inspections by private showings only. Please call (248) 660-0743 or email [email protected] with any questions.