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Monday, August 24, 2015

Fire Sales on Detroit Tenanted Wholesale and Rehabbed Properties.
















Currently for Sale NOW:  


(15812 Archdale)


1.) 15812 Archdale... $70k....9yr. L/C $900mo.
2.) 18019 Rutherford... $22.5k (wholesale)
3.) 18433 Griggs... $35k (rented $800)
4.) 16838 Manor... $45k (rehabbed)
5.) 18993 Edinborough... $25.5k (rented $700)

Archdale has a 10-year land contract paying $900 per month which started July 1st. There's $106,200 left in land contract equity. It's a 2,100sqft, 5 beds, 3 full baths home that's three blocks from Grandmont.




 


Older/Pending Sales:



Investor's Special

17412 Wildemere Detroit MI, 48221
5 Bed/4BA 4,250sqft.
No Taxes Owed!
No Repairs needed!

Pictures:
https://www.dropbox.com/sh/wz3qx1p82759lm8/AADXKSUrVd0WWVWnyVFXVLhLa?dl=0

Investor Investment/Purchase Price $61,000.00 Comps in are $204,000.00
Current Occupant will Pay Buyer on Land Contract Price resulting in $80,000.00
Investor Profit $19,000.00
Investor Return (ROI) Return on Investment 31.15%

This investment is super secure with a long term homeowner already signed up with a
Lease with Option to Purchase at $80,000 to Current Owner.
Occupants pay monthly lease payment of $850 and are responsible for taxes and insurance.
We can assist occupants in getting approved for mortgage to payoff the $80,000 hopefully within 12 months $237,248.

Must provide Proof of Funds (POF) before scheduling a showing!

Call 248-817-8524 Today!