Download the Cleveland 30 List (April 2009)
- 30 Homes
- All Quitclaim deeds / AS-IS
- No tax prorations
- Package may be broken up for $7500 a house
- Buyer to perform due diligence
- PURCHASE PRICE IS $225K
TO BUY:
- Download the Cleveland 30 List (April 2009)
- Do your due diligence and be ready to buy.
- Select the houses you want and email us your POFs and we’ll email you a contract.
Do you know who might want to buy this? Join our Affiliate Program to refer your buyer and make a referral fee!
Seller financing is also available, but you must include a POFs for the down payment and be ready to provide standard financial documentation. We can approve you in MINUTES!
DOWNLOAD THE FULL ADDRESSES BY
CLICKING HERE: Sunrise 168 Nationwide Mar09
- We own these properties – You will be dealing directly with the OWNER and PRINCIPAL
- 168 homes, mostly SFHs
- All Quitclaim deeds / AS-IS
- No tax prorations
- Package may be broken up – make realistic offer.
- Buyer to perform due diligence
- States: (2)AL, (1)AR, (5)AZ, (4)CA, (1)CO, (11)FL, (9)GA, (1)IA, (9)IL, (7)IN, (4)KY, (1)LA, (55)MI, (5)MN, (3)MO, (2)MS, (1)NC, (1)NV, 30(OH), (1)OK, (6)PA, (1)RI, (1)SC, (4)TN, (2)TX, (1)WI
- PURCHASE PRICE IS $2.1M
TO BUY:
- Download the full addresses: Sunrise 168 Nationwide Mar09
- Do your due diligence and be ready to buy.
- To buy the entire list simply email us your POFs and we’ll email you a contract (OR)
- Cherry-pick the houses you want and email us an offer above the average price per house ($12,500.00) as well as your POFs and we’ll send you a contract if your offer is accepted.
Do you know who might want to buy this? Join our Affiliate Program to refer your buyer and make a referral fee!
Seller financing is also available, but you must include a POFs for the down payment and be ready to provide standard financial documentation. We can approve you in MINUTES!
UPDATED 3/2 – AVM COMES IN AT $1,281,172.25!
That puts this package at 22% of AVM. With only 2 houses in MI and 7 in OH this is a great deal!
!!NOT A SINGLE DETROIT HOUSE IN THIS LIST!!
Review the AVM below and email us for a contract when you’re ready to buy.
Download the list complete with full addresses and AVM: Sunrise 35 Bulk 2-09 AVM
- We own these properties – You will be dealing dierctly with the OWNER and PRINCIPAL
- 34 homes, mostly SFHs
- All Quitclaim deeds / AS-IS
- No tax prorations
- Package may be broken up – make realistic offer.
- States: (3)AL, (1)AR, (2)GA, (2)IL, (2)IN, (1)KY, (2)MI, (1)MN, (1)MO, (7)OH, (1)SC, (1)TN, (5)TX, (4)WI, (1)WV
- Bank provided BPO is $684,500.00
- 3rd Party AVM is $1,281,172.25
- Purchase price is $280,645.00 (22% of AVM) NET
TO BUY:
- Do your due diligence and be ready to buy
- To buy the entire list simply email us your POFs and we’ll email you a contract (OR)
- Cherry-pick the houses you want and email us an offer above the average price per house ($8,254.00) as well as your POFs and we’ll send you a contract if your offer is accepted
Seller financing is also available, but you must include a POFs for the down payment and be ready to provide standard financial documentation. We can approve you in MINUTES!
Look at what some of these have sold for!
http://www.cyberhomes.com/homes-lithonia-ga-30038/4345idlewoodpark/20524455.aspx
http://www.trulia.com/homes/Wisconsin/West_Allis/sold/25710-1615-S-57th-St-West-Allis-WI-53214
http://www.zillow.com/homedetails/3836-W-Mckinley-St-Phoenix-AZ-85009/7505607_zpid/
http://www.cyberhomes.com/homes-lithonia-ga-30058/2685rockchapelrd/28369069.aspx
http://www.zillow.com/homedetails/205-NW-12th-Ave-South-Bay-FL-33493/46878583_zpid/
http://www.trulia.com/homes/Illinois/Chicago/sold/98310-6053-S-Washtenaw-Ave-Chicago-IL-60629
http://www.trulia.com/homes/California/Sacramento/sold/6229958-1557-Frienza-Ave-Sacramento-CA-95815
http://www.trulia.com/property/1066398253-115-Gallagher-Ave-Logan-OH-43138
http://www.cyberhomes.com/homes-linden-mi-48451/16175knobhilldr/3458355.aspx
http://www.zillow.com/homedetails/263-Pope-Rd-Tobyhanna-PA-18466/9797432_zpid/
http://www.zillow.com/homedetails/33803-Kerr-Rd-Pine-CO-80470/13841909_zpid/
Partner Opportunity
!!WILL PAY $10K TO FIND BUYER!!
Summary:
- 15 Unit Condo Package in Naples, FL, located within an Exclusive Golf Community @ $99,334 a door!!
- 9 – 3bdr/2bth units
- Market Value: $360,000.00 (HAVE APPRAISALS!!)
- PRICE SLASHED TO $99,334 A DOOR!
- Estimated monthly rental $1,500.00
- 6 – 2bdr/2bth units
- Market Value $320,000.00 (HAVE APPRAISALS!!)
- PRICE SLASHED TO $99,334 A DOOR!
- Estimated monthly rental: $1,200.00
- Rental Company on site can rent units within 30 days/excluding these units, development is currently at almost 100% occupancy!
- There are a total of 322 units in the development, excluding our 15, there are only 4 vacant units (which are not up for rental). The rental company states that he has a waiting list for the rentals when they become available! This a cash cow from the start!
Total Package Price is $1,490,000 FOR ALL 15 UNITS!!!
Email LOI and POFs to connect with seller mandate
!!UPDATED 2-11-09 – ONLY 23 HOUSES LEFT!!
- 47 SFHs
- All Quitclaim deeds / AS-IS
- No tax prorations
- States: (1)AZ, (5)CA, (6)FL, (5)GA, (6)IL, (5)IN, (1)MA, (1)MD, (6)MI, (1)MN, (1)NJ, (5)OH, (1)TX, (1)VA, (1)WI
- Bank provided BPO is $2,893,500
- Purchase price is $1,128,465.00 (39% of BPO) NET
I mentioned before that I am committed to providing information on transacting bulk REOs to make this a more fruitful business for all and to reduce all the rampant BS that is going on.
I promised my good friend Dan at MagicBullets.com that I would write 10 pages on the bulk REO business by Feb 1 and my time is running out!
I already have a good list of topics, but now I want to know…
WHAT WOULD YOU LIKE TO KNOW??
I get calls nearly everyday from people starting out in the business that have a ton of questions and I want yours too!
Give me your ideas by leaving a comment to this post.
Simply scroll down to the end and enter your information where is says, “Leave a Reply”.
If you don’t see that section, click on the title of this post first.
I look forward to hearing your ideas and I’ll be sure to post a copy of the ebook for you when it comes out!
To your success,
Abdul
I just wanted to post a quick update:
- BuyBulkREOsNow.com -Will be growing to provide REO news and information as well as offering bulk portfolios for sale.
- Registered Buyer’s List -Due to the overwhelming success of our site we are implementing an exclusive Registered Buyers List for direct buyers and direct buyer agents. We will be emailing our latest product to this list BEFORE posting them on the site. More details to follow, but I will tell you it’s going to require a hard proof of funds and supporting documentation. If you’ve purchased from us before- no worries, you’re already on the list.
- Affiliate program -Our beta affiliate program was a hit! We will be rolling out the next iteration of the program very soon, so stay tuned. If you are unfamiliar with our affiliate program, click here to read more.
Product update:
- We have acquired three new lists with a fourth on the way. They will be emailed out to our Registered Buyer’s List first, and then posted to the site 24 hours later.
- Our 181 list is no longer available. All of our posted bulk REO lists have been sold at this time.
- Four of our Tampa shortsales have bank approval and are ready to go- see below:
| Address |
Desc |
Zestimate | Sale Price |
| 2433 N Ramona Ave, Tampa 33612 | 3/2 Block 1206 SF | $120,500 | $82,000 |
| 2740 Birdland Ct, Land O Lakes 34639 |
3/2 Block 1565 SF |
$175,000 |
$124,900 |
| 2325 E 112th Avenue 33612 |
3/2 Block 1564 SF In ground Pool |
$148,500 |
$79,000 |
| 3008 N 73rd Ave 33619 |
3/2 Block 1188 SF |
$127,500 |
$77,000 |
*If you’re interested in any of these, submit a Florida FARBAR AS-IS contract with $1000 non-refundable deposit.
These won’t last long, so don’t delay.
I wish you wealth and prosperity in 2009!
Our buyer fell through for this package and we have until today to close on it.
We have actual BPO values as well as a 3rd party AVM. In case you’re not familiar with AVM, it’s what most bulk REO buyers are using to quickly valuate REO portfolios before making offers.
For more info on AVM, checkout: http://en.wikipedia.org/wiki/Automated_Valuation_Model **More to follow about AVM**
Here are the details of the portfolio:
- 181 Properties in the Midwest / southeast
- Concentration in MI and OH
- Purchase price is $781,690.00
- BPO value is $9.8M – 7.9% LTV
- AVM value is $5.3M – 14.7% LTV
- All deeds are immediately available
Escrow must be opened TODAY.
If you are serious email / fax me your own signed contract and open escrow with the company of your choice.
I will ask you to sign my contract to complete the transaction once escrow has been opened.
As always, please feel free to contact me for any questions.
Have a great New Year and a prosperous 2009!
P.S. Our Tampa, FL package is still available – 7 doors for $410K
Click here for details: http://buybulkreosnow.com/?p=166
Think bulk REOs are drying up?? THINK AGAIN! We’re only through the first wave of defaults..
It’s important to get in now, build your relationships, and tweak your business model because you’ll be left behind when the second wave hits.
Check out this report..
5 Tampa properties:
- 3 Single Family Homes
- 2 Duplexes
- $409,999
- Warranty Deeds
- Conventional closing OK
Submit your contract with $20K refundable deposit for 3 day inspection period.
Addresses:
2433 N Ramona Cir, Tampa, FL 33612
- Single Family / 3/1 Block / 1,206 SF / No Rehab!
2740 Birdland Ct, Land O Lakes, FL 34639
- Single Family / 3/2 Block / 1,565 SF / Move in ready!
3602 N 54 St, Tampa, FL, 33619
- Duplex / 5 Bedrooms 2 bath!/ 2,000 SF / Great for cash flow!
2325 E 112th Ave, Tampa, FL 33612
- Single Family / 3/2, 1565 SF / Renters already lined uo for $900 month!!
2509 N Armenia Ave, Tampa, FL 33607
- Duplex / Two 1/1 units / 1 unit rented $750 / Minor Rehab (roof repair, otherwise rent ready). 1,050 SF.