zero down invest: Hard Numbers on Jackson rehab properties - 02/04/08 07:48 AM
My partners and I have been talking up, emailing out, and posting these cute (and profitable) little Jackson, MS rehab properties for a while. I thought I'd post a case study that shows what a value we've really put together.
Here's a property we sold a while back in Jackson (click on image for full screen view):
Note that, all in (acquisition plus rehab costs), this buyer had less than $50k into this property. 
I just visited Jackson last week, and went around seeing some of the new properties, as well as checking up on some of our recent sales. I went past the 524 … (1 comments)

zero down invest: The $10,000 Formula still working on Detroit Rehab Property - 08/22/07 06:16 AM
I posted a while back about our Detroit Rehab Properties and how in 60-90 days, you can retrieve every dollar invested, plus on average, $10,000 TAX FREE, with 20% remaining equity, and positive cash flow. Our listeners from the radio show are snatching them up at a quick pace. In the near future, we'll be offering hard moeny lending in this market, which will allow for even greater leverage, in that, instead of paying everything from cash, the investor will have the option of utilizing hard equity lending and only putting a $1000 commitment fee (plus prepaid interest) into the deal. Keep … (0 comments)

zero down invest: An Entirely New Model for Jackson Rehab Properties- Rehabed and Rented, No Money Down, No Guesswork - 08/22/07 06:00 AM
While the Jackson Rehab Properties and even the Rent Ready Jackson properties are attracting numerous buyers, we have been able to develop yet another track for those investors, or would-be investors, who simply want the guess work taken completely out of the equation. For them, we have the Rehabbed and Rented model.
The transaction is structured exactly like the Rent Ready Jackson Properties, except the avialble cash out at the end is a little less:
Initial outlay: 5% of purchase price plus $1000 commitment fee (purchase price is typically 75% or less of After Rehabbed Value)
Seller Carries 95% at 15% interest for 45 days … (0 comments)

zero down invest: Rent Ready Rehab Properties in Jackson, MS- Little or Nothing Down for Positive Cash Flow - 08/22/07 05:39 AM
We have been pleasantly surprised by the response to our Jackson Rehab Properties. The properties come with built-in equity, and yet still cash flow. Some of our investors, however, have expressed an interest in eliminating some of the incertainties by acquiring properties where the work is already done, so the cost of rehabbing is known. Additionally, because it has already been through a rehab loan process, a definite value can be ascertained, because the appraisal has already been done.
What makes this unique, though is that we are sturcturing the acqusition financing in such a way that the buyer will, in … (0 comments)

zero down invest: Jackson, MS Rehab Property Update - 08/02/07 12:46 PM
Like Detroit, Jackson, MS continues to produce terrific rehab property values. I first posted about Jackson Rehab Properties here (there's a short video there also). I thought it would be worthwhile to post a recent example of how we're using hard money on these Jackson properties to make it possible to put up only $1000 up front, get 20% equity in a cash flowing rental property. Take a look at this one. Over $6,000 back with only $1,000 in. And it cash flows. It's a beautiful thing... You can click to see the full size picture if it's grainy..

        Go ahead. Click it...     

  … (1 comments)

zero down invest: Recent Detroit Rehabs/ Update - 08/02/07 12:22 PM
I first posted about Detroit Rehab Properties a little while back (there's even a short video). Well these deals keep happening, so I thought it was time for an update.
Here's another example of the kind of Detroit rehab properties we're finding, acquiring, rehabbing, refinancing, and renting for our listeners and clients. Take a look at the net TAX FREE cash as well as the remaining positive cash flow...You can click on the picture to get a larger image if it's grainy.
Our three rules of investing are 1) make money on the way in-- CHECK....2) break even or better while we hold-- … (1 comments)

zero down invest: Jackson, MS Rehab Properties, $1000 in, Cash out, and positive cash flow! - 07/20/07 04:49 AM
Jackson MS is a terrific market for rehabs. If you know where to look, and, just as importantly, where to stay away from.My partners and I on the radio show, have put together a team to make the entire process turn-key. Everything from identifying good targets, to rehabbing them, to getting them rented out; it's all taken care of!
To sweeten the deal even further, we are using private money lenders for the acquisition and rehabbing, so the only up front cost to get involved is just $1000. No kidding. And there's no missing zeroes there. ONE THOUSAND DOLLARS. By the time … (0 comments)

zero down invest: Detroit Rehab Properties- $10,000 Cash Out TAX FREE, plus all investment returned in 60-90 Days - 07/20/07 04:30 AM
On our radio show, one of the niche's that has evolved is that we have the ability to match investors in the listening audience to various real estate investment opportunities. My three partners (Darren Orshoff, Michael Harris, and Michael Ballinger) and I take very seriously the trust that people place in us. We investigate each opportunity thoroughly before we ever mention it on the air, in some cases (as in the one I'll mention here briefly), one or more of us is actually investing in the opportunity or project.
We have partnered with a group that is finding, acquiring, rehabbing, and … (0 comments)

 

Tom Armstrong

Temecula Mortgage ZERO Down

Temecula, CA

More about me…

Benchmark Fin. - Temecula Real Estate, Temecula Mortgage

Office: (888) 847-1858

Mobile: (951) 544-6283

All About Building Real Estate Wealth Like You've Always Dreamed of, But Never Believed You Can Afford, with Little or Nothing Down; Even With Less Than Perfect Credit! Guaranteed. Focus Areas Include: Rapid Equity Building, Credit Improvement, Buying Homes With Little or No Money Down, Investment Property Opportunities for Savvy Investors. <


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