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Comment by Fernando Young on May 14, 2011 at 10:17am

$14 Million Southern California Bulk Reo Package.

• Posted by Fernando Young on May 11, 2011 at 4:51pm
• View My Blog

Southern California REO's (via Fannie Mae) Off market

This was a customized tape for another buyer 2 weeks ago, who couldn't pay for the entire order requested. Needless to say the investors want to sale this batch ASAP!

 

The REOs are available @ $.69 cents on the dollar of the BPO. You can pick & choose but the seller wants a minimum of 80% of the assets taken down.

 

If you are interested, an LOI would be required and if accepted the funds would have to be placed in escrow via Chicago Title only.

LETS KEEP THIS SIMPLE AS POSSIBLE. IF YOU CAN TAKE IT DOWN LETS TALK. IF YOU CANT DON'T WASTE OUR TIME.

My fee is 2.0% of the purchase price.

Call me and I will be glad to answer your questions?

Fernando

424-259-3733

Comment by Fernando Young on March 24, 2011 at 3:47pm

Min. purchase - $10 Million

- Proof of Funds – Funds must be verified prior to placing an order

- Signed Fee Agreement

- Purchase Order

A purchase order and signed fee agreement must be presented within 24 hours of verified proof of funds.

Purchase order to include:

Price will pay (IE: $.75-$.85 cents on the dollar)

Asset Type – SFR, Multi-Family, Commercial, etc.

State, County, City, Zip Codes

Asset Value Range

- 4 to 5 business days to customize a portfolio based on purchase order preferences

- 48 hour exclusivity to view & decided if you want to move forward with notes and/or REO’s presented.

- If you want to purchase the portfolio, within 24 hours, 1% of the value of the assets must be deposited into an escrow account. ( Chicago Title or Stewart Title Only)    

- Upon receipt of deposit into escrow account, will provide all documents (usually electronically) for due diligence. (Deposit is 100% refundable if in due diligence process do not want to proceed)

- Maximum Due Diligence Time – 10 Days (on 10^th day remaining balance must be deposited into escrow)

 ADD’L NOTES:

If in you discover some assets are unacceptable they can and will be replaced with a new asset. This option is only available either during the 48 hour review of the portfolio or within 3 days of the due diligence process, otherwise all assets must be purchased.



Fernando Young
424.259.3733
Acquisition Director

 

Click on link to get more info.

http://budurl.com/socalhartfordinvgrp

Comment by Fernando Young on March 2, 2011 at 11:00am

Ranked the #1 BUYERS Market in the U.S.

* Opportunity! Home prices at 1980 levels.
* Strong future appreciation potential.
* Like-new homes. 100% rehabbed.
* Low home prices with high rental rates.
* Prices down 62% from 2006 peak values.
* 3-year appreciation forecast of 14.8%.


Bright Charisma Court, Las Vegas

Market Value: - Rental Income: $1,200
Price: $159,700 Mortgage: $725
Bedrooms: 3 + huge loft Property Tax: $123
Baths: 2.5 Insurance/HOA: $145
Size: 1,880 Property Mgmt: $96
Built: 2006 CASH FLOW: * $111
Parking: 2 car Cap Rate (yield): 6.3%
Leased: Yes

Tenant occupied with a 1 year lease. Large corner lot, oversized driveway, real wood floors, large master with pitched ceiling, spacious balcony with mountain views! New neighborhood in SW Vegas.

* Based on a 20% down payment, 30-year fixed at 5.50%.




Painted Pebble Street, Las Vegas

Market Value: - Rental Income: $1,150
Price: $114,700 Mortgage: $521
Bedrooms: 4 Property Tax: $108
Baths: 2.5 Insurance/HOA: $87
Size: 1606 Property Mgmt: $92
Built: 2003 CASH FLOW: * $342
Parking: 2 car att. Cap Rate (yield): 9.0%
Leased: Yes

Tenant occupied with a 1 year lease. Excellent appreciation potential (bought NEW in December 2005 for $280,000). New carpet, paint, crown moldings. Excellent rental neighborhood.



Fernando Young

Acquisition Director
424.259.3733




CASH or HARD MONEY ONLY



Note: Please do your own due diligence. This information is provided to the best of our

knowledge and we make no guarantees to the accuracy of this data.



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http://budurl.com/socalhartfordinvgrp

Comment by Fernando Young on February 25, 2011 at 3:58pm

Welcome all, if you have questions or do any type of Real Estate lets network.looking to put together winning deals and help others make money and be educated in Real Estate Investing.