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Tag: "lease option"

Cheap Turn-Key Rental

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Completely Rehabbed For $.55 on the Dollar!

Anyone need ca$h-flow? This 3 bedroom home will rent for $450 to $600. It is completely remodelled and available at a true wholesale bargain price

One of our favourite exits strategies: Buy for cash, turn around and sell to a “C-credit” buyer for full value. Collect mortgage payments at a super high interest rate for a year and help them refinance out of it. Cash is king in this market, and motivated buyers who can afford the house are waiting in line – if there only was a bank that would have any money left to lend ;-)

Beautiful newly, renovated home is located in a family friendly neighborhood. The large, luxurious living room offers recess lighting, and hardwood laminate flooring. Huge updated kitchen. Luxury style bathroom with Jacuzzi tub, porcelain floors, and pedestal sink.

The house is equipped with a laundry room with washer and dryer hookups for your added convenience. Large back yard with wood security fence that’s ideal for pets, children’s play and family gatherings. Close to schools, churches, parks, and area shopping. All this makes this a great rental, or owner financed home.

Liberty St, Jackson, MS 39213 (map)
3 bedrooms, 1 bath, 1,056 sf

Almost New REO – L/O Tenant In Place…

Wow, what a great REO opportunity!

This gorgeous home was built in 2007 and sold new for $680,000… It was purchased as an investment and occupied by a Lease/Option tenant. Fast forward only 15 months later: The tenant is still living in the home, but now the bank owns the property. After taking it back at the reduced opening bid of $441,600 we have negotiated with the bank.

The result: They will take $350,000 or even less than that if a qualified buyer or cash buyer can close quickly!

And the best part: The lease/option tenant still loves the house and would be happy to stay at $2,900/month or even more! Absolutely no repairs, huge equity position, cash out with the L/O buyer once the market recovers. This is a no-brainer deal for cash or credit investors! Let’s do it!

Email or call 626-232-6773 for details!

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