From: "wholesale_deals_r_us"
Newsgroups: alt.invest.real-estate
Subject: Wholesale Deals in HOUSTON
Date: 21 Aug 2006 13:04:46 -0700
posting-account=pb5Nng0AAAAzdwvPxuBcqeDRpU2Pw4Tz
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
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