Ok, here is a deal from my real estate mentor. I'm not the only student, who has this deal though, so if you want it then act fast!!! If the deal below isn't right for you and your interested in other deals that we may have, then just simply add yourself to my database. Simply, give me your criteria of the types of deals you want and when we find something, we'll contact you immediately. Visit: www.lamar-housing.com/investors.php (You'll see this message again at the end of the deal) Invest in this property and have $23,600** instant equity*! (Indianappolis) November 30, 2006 Let's cut to the chase... What would you do with this type of opportunity: $CASH$ DEAL at 64%** LTV! (must have new financing in place within 30 days) Your Purchase Price (including assignment fee) $42,500 Rehab Needed $0 Closing Costs (approximate) $1,500 ARV (current value) $65,000 Equity* $23,600 Gross Monthly Rental Income (currently 100% occupied) $760 Here are all of the property details: 2 Bedroom (each side) / 1 Bath (each side) Basement (each side) / 2,200 total square feet Both units currently rented until February, 2007! NEWER ROOF! GOOD FURNACE & HOT WATER HEATERS Here's how this deal can work for you - That's really what's important - what's in it for you. We know that, so here you go: First, if you could instantly become $23,600 richer, I'm sure you'd agree that it's worth a look. Second, continue renting it out to the tenants who are already there...at $760/mo. gross on a property valued at $65k...that's a very good amount of positive cashflow, even if you finance the deal. Finally - the tax benefits and depreciation that you gain with having a rental property increase not only your cashflow but also your overall profit (please be sure to consult with a tax professional to verify, as we are not accountants). BUT - you should only respond if you're serious. If you don't have at least $7500 (Negotiable Assignment Fee) then this deal isn't right for you. But, if you do have at least $7,500(Negotiable)- and you're a smart, serious investor, then this is an amazing way to convert $7,500 into a whopping $23,600 in net worth, instantly! Here is the address, so you can do your research: 1119-1921 Dawson St. Indianapolis, IN 46203 (Marion County) Please make sure you read and understand all of the terms and conditions listed below. If you're serious about making money, you must call my mentor's associate, Vanessa now at 614-395-8135. She can help you with any questions you may have. * The equity mentioned is based on what we believe the current value to be but does not account for any market fluctuations and is not a guarantee of future performance. ** This calculation is based on the total purchase price of $42,500 + $1,500 in closing costs. The current retail value is about $65,000 which is what we used to calculate the projected profit of about $23,600. If you want this deal then send me a message telling me your interested. If you decide you want to commit to the deal, let me know, and we can move on to the next step. Again, other investors have seen this deal as well and my take it at any time, so do your research and act fast. I've been checking all throughout the day on my mentor's website to see if the deal is still there, and it is. I don't think you want to miss out on such a great deal. If the deal is so great, why doesn't your mentor do it himself? My mentor gets that a lot, but the answer is simple - his goal is to pass along great deals to you so that you can get ahead faster. Don't get me wrong...He makes a great living doing this, and he does get paid on every deal, but He leaves the majority of the profit for you. He understands that by bringing value to you, He will do more of these kinds of deals and make more money (once you see how much money you can make on this deal, you'll be back for more, right?). He wants everyone to be able to live their "dream" lifestyle, and he believes the best way to do that is through real estate. So, he put investors together with great deals and take a slice out of the middle for himself. As for me, I'm just the Birddog, so I get a little slice of the pie as well. If the deal above isn't right for you and your interested in other deals that we may have, then just simply add yourself to my database. Simply, give me your criteria of the types of deals you want and when we find something, we'll contact you immediately. Visit: www.lamar-housing.com/investors.php
