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16% ROI - Cash Flowing REOs / Foreclosures
Location: United States -> New Jersey
Industry: Real Estate > Other Real Estate




Business Summary

Turnkey Investment Properties for sale nationwide. We buy foreclosed homes (REO) direct from banks in bulk. We then put in qualified occupants in these homes under land contracts (and they fix-up the property, pay property tax, insurance, and utilities). In addition, occupants handle all maintenance on the property.

Once these homes are cash flowing, we sell these turnkey, hassle-free properties to investors, who would like to get a high rate of return, but don't have the bank relationships to get great deals or the time or team to find qualified occupants. Our homes are moderately priced and range from $20K-$35K. They are priced based on income. Each home has a targeted 16% ROI.

This a secure real estate backed passive investment similar to a commercial NNN lease. Contact for more information on this properties for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2009
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700133272
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Related Searches: Commercial and Residential Real Estate Brokers  >  Mortgage Brokers  >  Title and Escrow  >  Other Real Estate  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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