Better Than REO Listed MGM Units!

You can't get this type of financing from the banks! We're selling our MGM Signature Studio with the existing finance in place! That's right, no credit check, no income check, all you need is the down payment! In today's market, you will need at least 30% to 40% as a down payment for a condotel. That's well above our down payment requirement. The cheapest listed bank owned MGM Studio unit is $299,000. If you have to get bank financing with that property, it'll cost you a minimum of $89,700 down payment.







Details:
MGM Signature Studio Unit
520 SqFt
4th Floor
Strip View
Tower 1
Existing loan bal $265,000
5 year int only ARM @ 8.5%

The Real Deal:
Minimum Down Payment: $50,000
Taking highest offer by July 18th 2008

Irvine Industrial Building w/ Almost 2 Acres!

25,000 sq ft building
42,900 sqft excess land
1.97 acres
Zoned IBC 5.1 Multiple Use
1972 Year Built / Upgraded 2006
Class B CTU industrial building located on corner lot! Single story, 2,755 sf office space, plus 22,265 sf warehouse. Huge 25 feet ceilings, 3 GL doors, 1 loading dock, and private fenced lot.
This is a great property for an owner/operator, if you can hold this property there is a lot of redevelopment going on in this area! This property can hold two tenants, one tenant that can use the offices and warehouse and then lease out the gated parking lot for a taxi/shuttle service since this is so close to the airport.

The Real Deal:
Asking Price: $6,750,000
2% of sales price paid to you if you bring the buyer!

3 Cash Flow'n Properties in Indy

Just 2.5 Miles away from the new Indianapolis Colts Stadium! Already rehab’d and partially rented. Some tenants 2 leases are up this month, but the property managers are already showing the units to get them filled! No need for interviewing new property managers, current owners have already done the hard work and interviewed and found the best property managers in Indy!

Property 1: SFR <3/1> 1646 S. Talbott St, Indianapolis, IN Market Rents @ $650 a month

Property 2: SFR <2/1> 1650 S. Union St, Indianapolis, IN Market Rents $450 a month

Property 3: Tri-Plex <2/2,> 1640 S. Union St, Indianapolis, IN Market Rents Unit 1: $550; Unit 2: $770; Unit 3: $650

The Real Deal:
Package Deal, Buy All 3 Properties for $165,000 & Save $30,000

Or Buy Them Individually:
1646 S. Talbott: $55,000
1650 S. Union: $41,000
1640 S. Union: $99,000

60-65% LTV in Laguna Hills!

“A” neighborhood

$425,000 Purchase Price (60%LTV)

60K in repairs (incl, paint, roof, flooring, kitchen, baths & landscaping)

$659,000-$699,000 ARV selling price

1 week close, as-is no repairs.

$15,000 Assignment

Address :24561 Creekview Drive, Laguna Hills, CA 92653

2401 Sq Ft, 4 bed/2.5 bath

Seller is distressed, sick and depressed & wants to move out of state. His wife died and he hasn’t taken care of the property for a few years.

For More Details Call Bobi 714-336-9109

bobi@investore.net

The Real Deal:
Assignment Fee: $15,000

Ohio Cash Flow Rehab

Woodside, Cleveland, OH. 44108

• Single Family Home
• 1906 year built
  
• Rehab estimated @ $15,000
  
• 1,506+ sqft
  
• 4 Bedrooms
• 1 Bathroom
  
• Comps are coming in at $58,000
  
• Average rents in the area are $950
• Annual Property Taxes are $878
  

The Real Deal:
Asking Price: $13,000

4,250 Home Sites - Under 50% LTV

California Development: Fully Entitled master-planned community located in Lucerne Valley, California. Includes 4250 mixed-density residential units planned from 3.2 to 7.4 units/acre with an average of 4.9; an integrated golf course, schools, and parks. Includes access to over 3200 water shares through an agreement with San Bernardino County, which is more than enough water for the development. Phase 1 is bonded and has over $20 million infrastructure already constructed.

Location: Lucerne Valley is situated in the unincorporated high desert of San Bernardino County approximately half way between Los Angeles and Las Vegas, approximately twenty minutes east of Highway 15, and near the communities of Victorville, Hesperia and Apple Valley. The San Bernardino Mountains sit just 6 miles directly to the south, with Big Bear Lake just an 18-mile drive from the project site.

Number of home sites: 4250+/- home sites and a 27 hole golf course (20 holes have been already been placed but not seeded)

Appraisal Value: All phases prior to entitlements $191M [Phase 1 (first 38% of project) $62.4M As Unentitled, Undeveloped (April 2007)]

Brief Description: This great Development has been split into two phases for initial planning, but the project can be divided into multiple phases by developer. All plans have been approved by the County and the project is ready to construct. Phase 1 of this project offers 525 acres that includes over 1,200 residential units, 30 acres of prime commercial frontage, the clubhouse facilities and first 20 holes of an integrated 27 hole championship golf course. Nearly $20,000,000 has been spent on Phase 1 horizontal with regard to the design, engineering, and construction. Installed infrastructure includes graded and compacted roads, curb & gutter in place, sewer and water lines, water wells and check stations, cart paths, fire plugs underground lines placed. There is a highly experienced Developer / Contractor that is ready to move forward on this project if so desired. Exit strategies could include building and selling homes as well as selling super pad sites to other builders.

We have comprehensive, detailed documents on this project. Interested parties please sign a ND/NC agreement. Once agreement is signed, you will be placed in direct contact with sellers.

The Real Deal:
Asking Price: $95,000,000 *Negotiable*

Cash Flow In OC?! Are U Crazy?!

This is not a short sale! With all the extra rooms added and the extra unit, this bad boy can cash flow! Yes cash flow in La Habra! Buyer must be able to close by March 10th. So get your hard money or cash lined up and lets close this baby! Rents in this area for studio's are $650, that means you should get at least $850 to $1,000 for the extra unit. The front house should rent for $1,750 to $2,000.

$300,000 loan, 7.00% rate, 30 yr fixed
P&I payment: $1,995.91
Monthly Taxes: $281
Monthly Insurance: $87.50
Total monthly expenses: $2,364.41
Total rents on the low side: $2,600
Monthly Cash Flow: $235.59

Comps & Other Listings:

425 N Leora St sold back in 11/30/07 for $489,000
3 bed 1.5 bath 2 car garage and patio room
1,600 sqft living
1954 year built
7251 lot size
corner lot
DOM 148

618 W Heather Ave
3 bed 1 bath 2 car garage
1,167 sqft living
1946 year built
6,664 lot size
Active, not sold
Listed $440,000
DOM 120

519 W Heather Ave
3 bed 2 bath 2 car garage
1,437 sqft living
7,193 lot size
1949 year built
Active, not sold
Listed $459,900
DOM 83

If you know this area, this is the cheapest in the area, hands down the best deal!

Repairs needed: new roof, flooring, painting and minor handy work like updated light fixtures door knobs, etc. Should not be no more than $30,000 in upgrades/updates.

SUBJECT ADDRESS: 115 N. LEORA STREET, LA HABRA, CA. 90631
•2 bed (previous owner turned one of the bedrooms into a family room)

•1 bath

•1,138 sqft living space

•6,800 lot size

•1939 year built

**Added bonus**

•Extra non-permitted huge patio room with large closet & full bathroom added!

•Extra non-permitted bedroom & closet added!

•Extra non-permitted unit with kitchenette, bathroom & own entrance!

•Extra large lot, covered parking, & rear entry!

======>>> More Pictures Here <<<======

The Real Deal:
Need to close by March 10th

Land & Motel On Las Vegas Strip!

1. Prime piece of land right on Las Vegas Blvd that contains 1.70 acres (74,000 sqft)
This is surrounded by some future billion dollar casinos being built within the next several years. *FOR SALE CALL 714-906-6544*
2. Pulse (Project Neon): 3,000 Condo Units, 6,000 Hotel Units, Sports Arena (Approved)
3. Aquarius: 12 Stories, 1,100 Condo Units (Approved)
4. Flatiron, 50 Stories, 319 Condo Units (Approved)
5. Eighty on 4th: 39 Stories (506 ft. in height), 89 Condo Units (Approved)
6. Renzi Towers: 2-63 Story Towers, 1,011 Condo Units (Approved)
7. Condo Tower: 34 Stories, 275 Condo Units (Approved)
8. H.U.E. Lofts: 40 Stories, 270 Condo Units (Approved)
9. Arthaus: 6 Stories, 80 Unit Residential Complex (Approved)
10. 116 Room Motel w/ 1.40 acres & located on Las Vegas blvd. *FOR SALE CALL 714-906-6544*


Here's a great aerial view of where #10, the 116 room motel is located. As you can see, it's behind the Stratosphere.



The Real Deal:
Asking Price: $Call

Almost Rent Ready Indy Home!

N Pershing Avenue, Indianapolis, IN 46222

• Single Family Home
• 1910 year built
  
• 5,000 sqft lot
  
• Beautiful hardwood floors & woodwork throughout
  
• 3 Finished Levels + basement
  
• 3,000+ sqft
  
• 4 Bedrooms & 2 bathrooms + laundry room
  
• Comps are coming in at $60,000 to $100,000
  
• Under contract for $20,000
  

The Real Deal:
Assignment Fee: $5,000 (purchase the contract)
Asking Price: $27,000 (double escrow)

Near Downtown Indianapolis!

N Capital Avenue, Indianapolis, IN 46208

• Single Family Home
  
• 5,280 sqft lot
  
• Near Downtown Indy
  
• 3 Finished Levels + basement
  
• 3,000+ sqft
  
• 5 Bedrooms & 2 bathrooms (city shows 6 bedrooms)
  
• Comps are coming in at $60,000 to $100,000
  
• Under contract for $20,000
  

The Real Deal:
Assignment Fee: $5,000 (purchase the contract)
Asking Price: $27,000 (double escrow)

Cash Flow'n 6 Unit

South Crysler Ave, Independence, MO 64052
6 Units total

• 2 story
• 4 Units are 1 bed/1 bath, and 2 are studios
• Total living 2,400 sqft
• Covered parking on gravel lot
• 1979 Year Built
• 100% Rented, No Vacancy!
• Annual Taxes (Jackson County Website): $860
• Insurance for dwelling: $1,390
• Owner pays electric for common areas, avg $275 mo.
• Owner pays water $50 mo.
• Tenants pay all other utilities.
• New stoves and refrigerators in each unit
• Property management in place
  
• Just fell out of escrow last month for $185,000 and owner wants it sold!
  
• Appraised (Jan 07): $195,000
• Contract for $115,000 and needs to close escrow by Feb 29th 2008

Rent Schedule
Unit#1: $295 Lease Ends: 10/08
Unit#2: $310 Lease Ends: 11/08
Unit#3: $250 Lease Ends: 11/08
Unit#4: $250 Lease Ends: 11/08
Unit#5: $310 Lease Ends: 1/09
Unit#6: $300 Lease Ends: 10/08
Total Rents: $1,715



The Real Deal:
Assignment Fee: $10,000 (purchase the contract)

This needs to be sold ASAP, short term escrow

Developer Discounts 15 Home Project!

The project is located in Henderson, Nevada (several minutes away from Lake Las Vegas). The community consists 15 one acre finished lots, four floor plans with multiple elevations for each ranging from 5,430 to 6,500 square feet. The entire project is surrounded by a finished stucco wall with an assortment of vegetation, tree's, plants. The community has two entrances both of which are gated with a secured phone voice station. The homes consist of the following interior and exterior amenities; 2x6 exterior walls, hand textured plastering, custom wood doors, custom wood cabinets, travertine, marble, Viking appliances, casitas, RV garage, theatre rooms, wine closets, and full mature front yard landscaping.

Current Status:
At present time one home has closed, five are finished, one partially finished-60%, and eight finished lots are available.

Seller/Developer:
The developer wishes to sell all of the property and pay off all bank obligations in full. The discounted prices reflect the amount owed to the bank without current interest. Upon a sell, the developer would finish the entire project and a discounted flat fee.


The Real Deal:
Wholesale Price: $14,935,000
Appraised Value: $20,510,000
73% LTV
Seller has three other creative options to pick from for qualified investor

Have you heard of "investCLUB for Women"?

Orange County's youngest real estate club is growing by leaps and bounds! Even though this is a womens real estate club, men are welcome! However, the guys must be aware that InvestCLUB does request you either bring a female guest, or you can sponsor one at the door. Bring your deals, get educated, and NETWORK! For more info, you can visit www.investCLUBforWomen.com

68% LTV Penthouse

Brand new, never lived in high-rise Penthouse @ 68% LTV! Located in one of the best high-rise buildings in Vegas!





4,600+ square feet living space!
180+ Panoramic views of the Las Vegas Strip!
2 story penthouse
2 full bath
2 half bath
2 to 4 bedrooms
2 patios
Appraised for $4,750,000
Contract for $3,050,000

The Real Deal:
Assignment Fee: $250,000 (purchase the contract)
OR
Wholesale Price: $3,550,000 (double close)
This needs to be sold ASAP, current buyer can't close!

Looking for Residential Lots w/ 100 Lots Min!

The Real Deal:
Investors from China are looking to buy up residential lots with a minimum track of 100 lots/homes. Must be in desirable locations, and a minimum of 25% equity. Equity is based on TODAY'S value.

• No Condos
• No Commercial