All Forum Posts by: Felix Ortiz

Peter,

Thanks for reaching out. Yes, it's available. PM me if you'd like more info or want to take a look at the property.

Thanks. I'll PM you more info.

Great opportunity in a Longwood, FL Seminole County. Wood frame house. A/C and roof are less than 5 years old. Septic was maintained within the 2 years. The home currently has month-to-month tenant. PLEASE DO NOT DISTURB RESIDENTS.

If flipping the home, you will need to update the kitchen, replace flooring, update bathrooms and new paint. Outside, you'll need to trim down the landscaping, possibly remove the tree that is too close to the property, and repair the damage that it has caused. 

If renting the home, you'd most likely want replace flooring and paint inside. Outside you'll want to take care of the landscaping mentioned above. 

Built: 1920

Sq/Ft: 1,653

Price: $85,000

ARV: $165,000 - $185,000

Rehab: $40,000-$50,000 for flip $25,000 for rental

Rental: $1,200 - $1,600 / month

We have an equity interest in this property and are selling the contract.

Property available in the Altamonte Springs, FL near Orlando for $95,000. 3 bedroom/1.5 bathroom property with several well-priced comps in the area going from $170K - 180K*. Sold as is.

Contact us today for more information on this great opportunity!

407-734-3667

[email protected]
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Disclaimer: Blue Door Equity, LLC is not a real estate brokerage nor represents itself as one. Listed properties are under contract, Blue Door Equity, LLC is selling its equitable interest in the property. Please do not disturb the listing agent, owner, and/or occupants.

Important: Buyer is to perform their own due diligence on this opportunity. Cash or private lender only. Minimum $2,500 nonrefundable deposit. No inspection period. Please inspect before you submit offer.

@Account Closed 

Okay, I sent you a connection request. Thanks!

Originally posted by @Account Closed:

@Felix Ortiz

What is your equity spread?

I'm assuming you meant what is the equity spread for my end buyers, for most properties we use a standard 65%-80% MAO formula (20%-35% equity). The percentage is determined by the best suited end buyer (landlord/flipper) for the property. End buyer is determined by property location, layout, condition, purchase price, etc...

If you're looking for an investment property in Orlando your in luck. I'm a local wholesaler currently focusing on SFRs in Orange and Seminole Counties. My company is always seeking cash buyers in the Orlando metro. We service Orlando, Winter Park, Lake Mary, Oviedo, Altamonte Springs, Sanford, and many other areas in Central Florida. We'll soon be expanding to Volusia, Osceola, and Lake counties.

If you're in need of a property today or would like to be added to our buyers list, feel free to contact me.

Fixer Upper in Sanford, FL. Spacious 4/2 1,444 sq ft home. House needs some TLC, kitchen, baths, carpet, drywall repair, paint and a general deep clean. This will make for a solid cash flowing opportunity for cash buyers.

It may depend on the type of deal your trying to put together. I've seen Citizens Bank of Florida (east Orlando areas) at the REIA meetings a few times. I've spoke to them a couple times and plan on shopping them with others as I come across other banks.

Hi BP Nation. Could someone recommend a reputable GC that works in the north Orlando, FL area?

Thanks in advance.