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Pros and Cons of Purchasing a Foreclosure Auction Property
There are many properties being offered at foreclosure auctions across the nation right now. Some are good investments and others are not.
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  Property Details  
     
     
 
Property Information
 
 
Project Name : Rental Property in Booming Town
Property Type : Single Family
City : Members Only
State : Texas
Zip Code : Members Only
County : Members Only
   
Square Footage (GLA/ GBA) : 1250
Lot Size : Members Only
Lot Attributes : Members Only
Measurement : Acres
Number Of Units : 0
Zoning Code : Members Only
Over All Property Condition : Good
   
Property Description:
Take advantage of the local oil boom. 99% Rental Occupancy rate in this town.

2/1 Nice Home on Major Street in Odessa, TX. Fenced in back yard. Hard Wood Floors in Living Area. Central A/C. Just finish the updates on this house and you’re ready to go! Cash Buyers Only.

ARV: $89,500
Tax Appraisal: $58,825
Repairs: $7500-10,000
Rental Rates: $900/mo

- Comps and Estimates Available
- Title Company ready to go.
- Will manage onsite repairs for you. Contractors already lined up.
- Trusted Property Manager available.
- Payment servicing system for owner-financed properties available that will report to credit bureaus in order to refinance out in 2-3 years.
- Not the property for you? Contact me and let me know what you are looking for.
 
Surrounding Neighborhood:
Members Only
 
 
 
     
 
Purchase & Invesment Information
 
 
Purchase Price : $49,500
Investment Type : Wholesale Property
Investment Amount Needed: $49500.00
Equity offered to Equity Partner : 0.00
   
Estimated Cash on Cash Return for Investor : Members Only
Contingency Expiration Date : Members Only
   
Process Complete to Date:  
   
  Members Only  
   
Why is the Property being Sold?:
Members Only
 
 
 
     
 
Personal Invesment Details
 
 
Will Seller Carry a Note : No
Rate : Members Only
Years Amortized : 0.00
Amount : $0.00
Ballon Amount : $0.00
Prepayment Penalty : $0.00
   
Familiarity with Property : Very Familiar
Familiarity with Neighborhood : Very Familiar
Time Inveting in Realestate : 3 - 5 Years
   
   
 
 
     
 
Property Documents
 
 
Brochures / Flyer (0)   Market rent / Vacncy Information(0)
 
     
Demo Graphics (0)   Floor Plan / Site Plan (0)
 
 
 
     
     
 
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