Oct 222009

22 Nevada Properties, Mostly Single Family Homes, BPO $3.9M, Asking 70+3.   Majority of Properties are located Clark County

Tape will not be released without LOI & Verifiable POF.  Email me for More Details

Oct 222009

73 California Homes, BPO $15.8M, Asking 70+3 Firm.   Mostly Single Family with a few condo & 2-4 family.  Majority of Properties are located in the following counties:  Contra Costa(5), Fresno (6), Kern (3), Los Angeles (19), Riverside (5), Sacramento (3), San Bernardino (6), San Diego (3), Santa Clara (4) & others.

Tape will not be released without LOI & Verifiable POF.  Email me for More Details

Oct 222009

Received 3 small Florida Packages this morning:

  • 11 Homes Valued at $340K, Bradenton, Cocoa, Fort Myers (2), Green Cove Springs, Hudson, Jacksonville (2), Miami, Orlando, Tampa.  Make an offer, all sales QCD.
  • 7 Homes priced at $632,900+6%, Ft Lauderdale (3), Margate, Pembroke Pines, Lauderhill, Pompano Beach.  Warranty Deeds.
  • 10 Homes, Bonita Springs, Bradenton, Ft Lauderdale, Indiantown, Labells, Miami, Orlando, St Petersburg (3). Quit Claim Deeds

All offers must be submitted by noon Friday October 23, 2009.  Please Email me for details.

Oct 192009

We at Sunrise Property Group are proud to announce
the rollout of our new opportunity for buyers to customize
Bulk REO Packages.

Orders can be national or specific to the county level.
Product is pulled exclusively for your review from inventory
at major banks and hedge funds. Minimum order size is $1M.

LOI can be general or specific, the more specific you are the more
likely you are to receive the product you are looking for.

Please review our buyer application for more information.


Sep 212009

Due to overwhelming demand we now have the ability to accept custom orders. Within the next week we plan on sending our subscribers a buyer’s questionnaire that will allow you to submit requests for certain geographic regions or certain states.

Keep in mind that the pricing for custom requests is not as low as bulk bind pricing, but you will be able to purchase in just the regions or states that you like.

Make sure you sign up for our newsletter so you can become part of this exciting new program!

Sep 122009

We have two ways for you to keep up with us on facebook!

You can join our group:  Buy Bulk REOs Now

or

You can become a Fan:  Buy Bulk REOs Now

Help us become the premier site on Facebook for information on Bulk REO Properties.

Sep 112009

The Bulk Price for all 19 homes is $331,360 ($17,440/door)

(TX Property Sold Already!)

plus $5605 Deed Prep & Recording ($295/house).

Individual Prices range from $8,750 for a Chicago Property

to $41,900 for a home in La Grange Maine

Great pricing for a package with No Michigan or Ohio Properties!!

State Breakdown: FL (3) GA (3) IN (1) IL (4) ME (2) MO (2) NJ (1) NY (1) WI (3)

Cherry Picking Allowed!
Properties Require very little Rehab

You must be the Buyer or the Buyers Rep.
Please Register Here to receive the details on this package.

Proof of Funds & signed NCND required to obtain Property List.

Sep 022009

For those of you looking to get your feet wet in the Bulk REO Business we have the perfect opportunity.

I came across this small 9 home package for $50K.

Mortgage.com values the properties at $510,000 or under 10 cents on the dollar!!

Now let’s say mortgage.com overvalues properties by 70% (which is extremely high, but what the heck).

That would value the portfolio at $153K which is still 32 cents on the dollar!!

Homes are located in the following states:
AZ(1) AR (1) MO (1) MI (3) LA (1) OH (1) KY (1)

Click HERE to email me if you’re interested.

Aug 242009

This is a brand new acquisition. Properties have not been shopped- not floating around on the Internet

  • We own these properties – You will be dealing directly with the OWNER and PRINCIPAL
  • 131 Properties
  • Some Warranty Deeds / Some Quitclaim deeds -We provide to you what the bank has provided to us.
  • Some tax prorations -We provide to you what the bank has provided to us.
  • Package may be broken up – make offer (See notes below).
  • Buyer to perform due diligence
  • Sold AS IS / WHERE IS
  • States: (85)FL,  (2)IA, (4)KS, (1)MA, (1)ME, (9)MO, (1)ND, (3)NE, (2)NY, 5(OH), (12)PA, (1)SD, 2(VA), (1)WV, (1)WY
  • PURCHASE PRICE IS $3.15M

TO BUY:

  1. Email us your POFs to see the full list.
  2. Do your due diligence and be ready to buy.
  3. Enter contract for the entire list or cherry-pick and make an offer above the average price per house ($24,045.00)

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!

*Become an Approved Buyer *

Aug 082009

These are NOT the typical low-end, trash properties everyone
else is selling that you’ll never be able to re-sell or rent out.

  • Properties are located in stable, middle class neighborhoods
  • Already rehabbed with tenants in place
  • Tenants with 2-year lease with option to purchase
  • Financing available

This is an unbelievable opportunity to do NOTHING and generate cash flow!

Here is an example of the last deal we closed:

Just Sold

Purchase Price $78,000.00
Closing Costs: $1500.00
Total Cost: $79,500.00
Monthly Figures:
Rental Income $1095.00
Taxes & Insurance -$200.00
Property MGMT Fee (8%) -$88.00
NET Cashflow $807.00
Annual Cashflow $9,684.00
Cap Rate 12.2%
  • Current inventory is located in Memphis, TN.
  • Investment is completely hands-off
  • Property Management in place to deal with all tenant issues

Limited Supply Serious buyers only!

Email us

or

Call my partner Scott at 813-283-8096