Foreclosure Investment Opportunity
I am an experienced Real Estate Broker seeking partners to participate in the opportunity to profit in the acquisition and sale of great San Diego County real estate, totally secured by first trust deeds. Earn a priority return of 12% on any cash investment, in addition too, 70% of the net profit.
I purchase San Diego County single-family homes at foreclosure sales. I improve and repair the property, then I market and sell the property.
The following is a real example of one of my last purchases:
Current Market Value - $450,000.00
Acquisition Costs - $327,340.00
Renovation Costs - $ 11,300.00
Management Fee - $ 3,000.00
Miscellaneous Costs, Transfer Tax, Insurance
Other unknown fees -$ 1,000.00
Interest payment to investor, (3 Months) - $10,279.00
Closing costs - $ 23,850.00
TOTAL EXPENSES - $376,769.00
NET PROFIT - $73,231.00
70% TO INVESTOR - $51,261.00
30% TO BROKER - $21,969.00
With this particular investment the $342,000.00 cash investment, for three months, the investor would receive profit and interest income in the amount of $61,540.00.
This real estate investment has inherent risks, some margins may be higher and some maybe lower. All properties will be vested as directed by the investor.
Should you have an interest please contact me directly.
740 Garden View Court, Suite 100
Encinitas, CA 92024
Cell: (760) 207 - 3648
Direct: (760) 635 - 4235
Fax: (760) 753 - 5925