Nov 262008

Our last Michigan package sold in only a few days.

Many have been asking for more MI and midwest product and here it is!

States: AZ,GA,IL,KY,LA,MI,MN,MO,OH,TN,WI

These will be conveyed via Quitclaim deed, as is, with no tax prorations.

  • Many of the comps are $70 – $80K
  • 10 randomly selected properties report that taxes are up to date, on county websites
  • This is a “bulk, blind” opportunity. Due your own due diligence, but don’t wait until they’re gone!

To have the full list of addresses emailed to you, please enter your information below and be sure to click on the link in the confirmation email that follows.

PS. We now have a relationship with a national property management company that will find a buyer for these homes, write a contract for deed and note, collect the payments and hold the escrow, and optionally sell your notes for you!

This is a completely TURN KEY investment!

Stay tuned for a full, turn key offering for individual REOs as well!

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Nov 212008

We have a package of 8 tampa properties:

  • 5 single family homes
  • 2 duplexes
  • 1 vacant lot
  • Rent this portfolio section 8 and you have a Cash Flow Machine!
  • 9 Doors for $33K per door yeilds section 8 rentals of $9,721 per month!
  • Package price is $299,000.

Submit your contract and $20,000 refundable escrow deposit and you will have a 3 day inspection period to perform your due diligence.

Email us for a contract

Property Details:

  • 300 W Sligh Avenue, Tampa, FL 33604
  • 8304 N Semmes Street, Tampa, FL 33604
  • 1613 Marks Street, Tampa, FL 33604
    • Duplex / Two 2/1 Units / Block / 1,560 SF / Moderate Rehab / Tenants ready to move in at $1,350 per month.
    • Cyber Homes Information
  • 4603 N Troy St, Tampa, FL 33610
  • 2306 E 11th Avenue, Tampa, FL 33605
    • Huge Ybor City Bungalow / 1,800 Square Feet / Complete Rehab / Possible Duplex with use change
    • Cyber Homes Information
  • 2509 N Armenia Ave, Tampa, FL 33607
    • Duplex / Two 1/1 units / 1 unit rented $750 / Minor Rehab (roof repair, otherwise rent ready). Frame, 1,050 SF.
    • Cyber Homes Information
  • 2914 E 23rd Avenue, Tampa, FL 33605
  • 27×75 Vacant Lot in Ybor City

Nov 142008

Buyer fell through, so now you have another chance to take down our 249 package!

States: AL,AR,CA,CO,FL,GA,IL,IN,KS,KY,LA,ME,MI,MN,MO,NC,NJ,NY,OH,PA,SC,TN,TX,WI

You may recognize this list from our auction. The auction process was exciting- we had lots of positive feedback and learned a lot in the process.

One of the things we will be doing moving forward is provide all of the BPOs up front to help you make an informed bid.

The winning bidder didn’t end up closing and the next highest bid was below our cost.

-You thought I was kidding about how low the wining bid was, didn’t you!

Now we want to move these ASAP, so to make it easy we’re asking for 39% of BPO, which is $2,593,553.82.

The BPO values are recent and accurate FIRE SALE BPOs.

Click HERE to get the FULL LIST AND BPO VALUES

EMAIL US if you have any questions or when you’re ready to purchase.

THIS WILL NOT LAST LONG AT THIS PRICE!

Nov 132008

One of our partners is liquidating their portfolio and is letting some of their Michigan properties go for PENNIES!

Details:

  • 92 Properties in Detroit
  • 18 Properties outside of Detroit
  • Some are listed on MLS for you already at: $74k, $59k, $38k, & more (not a typo)
  • Quitclaim deeds
  • There is likely 1-2 years of county back taxes
  • Portfolio cannot be broken up
  • Portfolio price is $439,450.00 for 110 homes

If you sold the 3 listings above for HALF the listing price you’d net over $73k on those houses alone!

If you’ve been watching Detroit houses you’ll know that $3,995 is not a bad deal- add the 12 houses outside of Detroit for the same price and you have yourself a SWEET DEAL!

Click HERE to see the preview

To get the full addresses email (or fax: 888-805-6680) the following:

  1. Signed NCND -Click HERE to get one
  2. Proof of funds

This deal will NOT last long- it’s priced to sell in 1-2 days MAX!

Nov 112008

We have 89 properties left for $10K a piece- now is your chance to get your hands on some great CASH FLOW properties for as low as 14 cents on the dollar!

States: AZ, GA, IL, IN, KY, LA, MI, MN, MO, OH, PA, TN, WI

Click here for the list of addresses

These are being sold “AS IS” with QUITCLAIM DEEDS. Pick the properties you want from the list and send us a contract with your deposit- EMAIL US for details.

-Cash offers are always considered first
-Ask us about hard money

Nov 052008

NOTE: This opportunity is being offered by a Sunrise Property Group Affiliate:

This tape is unique in that the properties are not bank-owned foreclosures, but are rather bank-owned performing notes (homeowners are making the mortgage loan payments).

The current note balance of $324M has been discounted to $266M. A consulting fee of 3.0% will be added to the discounted bank price.

Interested buyers will need to provide a LOI and proof of funds in order to receive copy of the full tape which includes note details (loan type, terms, rates, qualification information, payment history and current balance due), property information, and appraisal values- everything needed to complete a thorough assessment.

A $50M minimum purchase block can be pulled from a single state by zip code or combined from multiple states.

If you and/or your clients are ready to invest in the cleanest and easiest purchase of BPO properties to date, then please contact us and we will send you a summary file that provides a breakdown of these properties by state.

Once POFs and LOI is provided you will be working directly with the seller / seller’s attorney- no intermediaries, no daisy chain.

Due to the high quality of properties in this portfolio, this tape will not last long!

Nov 052008

We’ve had so many requests for Arizona that I can’t remember everyone that’s asked.

We are about to acquire 102 FRESH Arizona REOs. Click HERE to see the list of cities and zip codes.

If you are interested in purchasing in this area and want to see the full list, send us an email or fax (888.805.6680) with the following:

  1. Your proof of funds
  2. Letter of intent (optional)
  3. Signed NCND -get it HERE

Feel free to give me a call as well; you have my number!

Once we have everything listed above we’ll give you the full addresses, so you can make us an offer.

There are many more properties on the way- stay tuned!

Nov 012008

I meant to get this out on Friday, but I was swamped with phone calls and emails for the auction.

You would absolutely kick yourself if you knew what the winning bid was!

This is good for you, though.. let me explain..

The winning bidder took this down at such a RIDICULOUSLY LOW PRICE that he will sell you properties from the list!

It’s no secret that you need to make money from your bulk REO purchase and we want to help you. The winner bought the portfolio at such a low price that he can sell them to you at a discount and STILL make money.

Our goal at Sunrise is to make a little bit on a lot of volume, fast. This creates opportunity for everyone!

We make money, the big buyers make money, and the local investor makes money- it’s a WIN, WIN, WIN.

We’ve been steadily receiving offers for portions of the portfolio- keep them coming. I bet you can still buy the properties you want at the price you want!

Here’s what to do:

  1. If you don’t already have the list of properties, click HERE.
  2. Select the properties you want.
  3. Complete the included contract, omit the entire list of properties, and include an addendum for only the ones you want.
  4. Email (or fax 425-790-4592) the signed contract to us.
  5. Wire in your offer to escrow (call for contact info) or directly to Sunrise Property Group, per the instructions in the contract

Thanks to everyone for coming together and making this a success. We just acquired another package and another auction is coming for next week! Stay tuned..