During
this tough economy, it is very challenging to get financing for investor
deals. While there are many properties out there for $20k to $50k -
unless you have the cash you cannot purchase them. Even the hard-money
lenders are now requiring 680 scores and 30% down!
A group of us
like minded people are taking advantage of these low home prices. We figured out the
best way is to purchase these properties is by pooling our monies together,
purchasing, rehabbing, then renting or selling.
For example
a $30,000 property that needs $15,000 in work. We get 30 co-op’ers (you, me,
friends and family) to put in $1,500 each, which equals $45,000. The
property can be renovated, then put back on the market for $70,000 or leased-purchased out, for example at $800 a month.
If it is sold for say $70k divided by 30 co-op’ers, each would receive $2,333.
If
it is rented out, at say $800 a month minus $100 management fee, netting
$700 a month divided by 30, each co-op’er would receive $23.33 a month
times 12 months = $280.
If it were sold a year later, each
co-op’er would receive $2,333 (if the property sold at $70k) plus the
$280 for a total of $2,613
If it is sold 2 years later the amount would be $2,333 + $280 + $280 = $2,893 - better than any bank!
For
more details and information about this powerful program, co-op membership and also learn how you can earn
over $5,000 per co-op project in your city, fill in the form below.
Please share with us any of your real estate experience. (investor, agent,
broker or new to real estate). You will receive your password to our program via email.
CO-OP ADMINSTRATOR Tom Garden coopadmin@tomscoupons.com TomsCoupons 3651 Peachtree Pkwy E265 Suwanee Ga 30024
To learn more about the co-op connect with us live!
REAL ESTATE COOPERATIVE
PRIVATE MEMBERSHIP $150 Lifetime
One $1,500 CO-OP Unit
Fill out the form to the << left to learn more about this Powerful Program!