From: Anon 
Newsgroups: alt.building.realestate
Subject: Re: Wholesale Deals in HOUSTON
Date: Mon, 21 Aug 2006 17:30:05 -0700

Hi Allen,

Why do you require 15,000 liquid?  Can I bring a money lender with me 
into the project or do you require financing through you??  Please let 
me know.

wholesale_deals_r_us wrote:
> Property 1
> Central Houston / 3rd Ward - Near Alabama St & Live Oak St - 77004
> This is a great buy/fix/rent opportunity for a duplex in the high
> appreciating 3rd Ward area of central Houston.  The location is near
> the medical center, UH, TSU, and Herman Park.  Both units are identical
> in their layout.
> 2700 sq.ft., 5200 sq.ft. lot, 6 bed, 2 baths, Duplex, Multi-Family
> Brick Home.
> After Repair Value = $270,000
> Investors Cost = $180,000
> Rehab Estimate = $25,000
> Gross Margin after Rehab (CASH) = $65,000
> Gross Margin after Financing = $50,246
> 
> Property 2
> Central Houston / Heights - Near Studewood St & N. Main St - 77008
> This is a great buy/fix/sell or rent & hold for appreciation
> opportunity in the Heights.  This house is very clean and has had some
> updating completed.  If you want to rent it all you need to do is
> install an A/C system and repair the foundation.  For a quick sale we
> have included enough in the repair estimate to rehab it with high end
> finishes.  Hurry this one will not last long!
> 1300 sq.ft., 4400 sq.ft. lot, 2 bed, 2 baths, Single Family Home.
> After Repair Value = $279,000
> Investors Cost = $186,900
> Rehab Estimate = $28,000
> Gross Margin after Rehab (CASH) = $62,095
> Gross Margin after Financing = $46,837
> 
> Property 3
> SW Houston / Near Beltway 8 & S. Post Oak - 77053
> This is a great buy/fix/rent opportunity in SW Houston with minimal
> rehab needed.
> 1600 sq.ft., 5800 sq.ft lot, 4 bed, 2 baths, Single Family Brick Home
> After Repair Value = $98,000
> Investors Cost = $56,900
> Rehab Estimate = $17,500
> Gross Margin after Rehab (CASH) = $23,600
> Gross Margin after Financing = $17,318
> 
> Property 4
> SW Houston / Near Bellaire Blvd & S. Kirkwood - 77072
> This is another great buy/fix/rent or sell opportunity in SW Houston
> with minimal rehab needed.
> 1650 sq.ft., 6000 sq.ft lot, 4 bed, 2 baths, Single Family Brick Home
> After Repair Value = $119,900
> Investors Cost = $78,500
> Rehab Estimate = $14,000
> Gross Margin after Rehab (CASH) = $26,208
> Gross Margin after Financing = $18,788
> 
> Property 5
> SW Houston / Near Hillcroft St & W. Airport Blvd - 77035
> And again here is an additional great buy/fix/rent or sell opportunity
> in SW Houston with minimal rehab needed.
> 1400 sq.ft., 8700 sq.ft lot, 3 bed, 2 baths, Single Family Brick Home
> After Repair Value = $119,000
> Investors Cost = $76,900
> Rehab Estimate = $15,000
> Gross Margin after Rehab (CASH) = $27,100
> Gross Margin after Financing = $19,783
> 
> ***These are all through Realnet USA. The minimum requirements to work
> with us is a 629 FICA score and 15k in liquid capital. If these aren't
> a problem for you, please call me now as these properties don't last
> long at all.
> 
> Call Alan ANYTIME if you are interested in any of these great
> investment properties!  832-798-2568
>