16% ROI - Cash Flowing REOs / Foreclosures
www.GlobalBX.com
Listing ID:
700133272
Listing Title:
16% ROI - Cash Flowing REOs / Foreclosures
Quick Link:
http://www.globalbx.com/listing.asp?bId=133272
Industry:
Real Estate
Industry Segment:
Other Real Estate
Country:
United States
State / Province:
New Jersey
Area
City:
Asking Price Range:
< $250K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2009
Number of Employees:
1 - 3
Business Description:
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.
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