investment properties: Make 18% return!! Positive cash flow! - 05/14/09 01:48 PM
Renovated condo rented at $1050/mo Sec. 8 (guaranteed rent) in Lauderhill 2 bed 1.5 bath condo.  Asking price $50,000.  Monthly maintenance $295.  Property needs nothing. New Kitchen, Tile floors, New Paint, Blinds, and Carpet.  POSITIVE CASH FLOW IS BACK!!  Call today!

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investment properties: Another Hard Equity example - 01/27/09 09:31 AM
EXAMPLES:
 
On a BANK-OWNED (REO) property, the private lender will buy back the note from the investor for approximately 80% of the note value, at a simultaneous close.
 
BANK-OWNED:
Investor agrees to buy a home from a bank for $400k (property worth $700k).
Investor agrees to sell to end buyer for $600k.
End buyer puts $60k as down payment (10%)
Private Lender creates a note for $540k (90% of purchase price)
At close, lender buys that note from investor for $432k (80% of note value)
Investor profits: $79,040
$432k (amount of note sale) + $60k (down payment) - … (0 comments)

investment properties: Hard Equity coming back into play - 01/27/09 09:29 AM
HERE ARE SOME EXAMPLES OF TYPES OF DEALS THAT CAN BE HAD TODAY UTILIZING PRIVATE EQUITY:
 
EXAMPLES:
 
On a BANK-OWNED (REO) property, the private lender will buy back the note from the investor for approximately 80% of the note value, at a simultaneous close.
 
BANK-OWNED:
Investor agrees to buy a home from a bank for $400k (property worth $700k).
Investor agrees to sell to end buyer for $600k.
End buyer puts $60k as down payment (10%)
Private Lender creates a note for $540k (90% of purchase price)
At close, lender buys that note from investor for $432k … (0 comments)

investment properties: Hard Equity coming back into play - 01/26/09 12:51 PM
WE HAVE SEVERAL BUYERS UTILIZING HARD EQUITY LENDERS AGAIN.  HERE'S THE REASON, PROPERTIES ARE LISTED LOW, FOR EXAMPLE, $75,000.  IF THE BUYER CAN GET A $150K APPRAISAL, AND THE HARD EQUITY LENDER WILL LOAN UP TO 50% OF APPRAISES VALUE, A BUYER CAN OBTAIN PROPERTY AGAIN FOR LITTLE MONEY.
IF THIS SOUNDS LIKE A STRATEGY THAT YOU MIGHT LIKE TO UTILIZE, PLEASE CALL ANYTIME FOR A FREE CONSULTATION.
… (0 comments)

investment properties: Investors are coming back buying to rent w/ positive cash flow - 01/21/09 02:09 PM
Everyday more and more investors are calling looking to purchase properties to buy and rent out.  It is now finally possible to do this and have a positive cash flow.  However, even in this market there are some very important factors to consider:
What are current taxes?  Two almost identical properties in the same neighborhood at the same list price can cash flow in very different ways.  One might have 2008 taxes at $5000, while the other has a bill of $2500 or even less.  It depends on a lot of things, such as when was the property last sold or … (0 comments)

investment properties: Time to be a contrarian? - 05/30/08 11:18 AM
Everwhere you turn there is bad news about the real estate and mortgage industries.  Realtors going part time and pulling down a "real" job elsewhere in a cubicle somewhere.  Same with mortgage brokers.  Wall Street is flooded with bad news about anything real estate and finance related.  Stocks in these industries have cratered-some teetering on bankruptcy.
This reminds me of an old saying" buy when everyone is selling" and "sell when everyone is buying".  You don't get immediate benefits investing this way but a lot of people have made a ton of money over a longer timeframe than one month or … (2 comments)

 
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Steven Angelil

Pembroke Pines, FL

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London Realty Corp.

Address: 9000 Sheridan St., Ste. 90, Pembroke Pines, FL, 33024

Office Phone: (954) 628-5817

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To help both buyers and sellers of South Broward real estate by sharing my experiences working in this very competitive marketplace.


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