megabucks41 0 Report post Posted February 14, 2008 BULK STEALS 1b.South Miami, FL Asking: $450k per home FRMV: upto $800k LTV: 56%Description: 22 Newly built Homes in South Miami. Pics, inventory available and brochures available. 3/2's -4/2's w/ gar. Developer has other homes around South Florida for sale as well. 2b. Coral Springs, FL (Broward County) Asking: $5.3M+ FRMV: $8.9M+ LTV: 60%Description: Newly converted condos in awesome Coral Springs (one of the top earning areas in florida). Developer in trouble and needs to unload FAST!! Will entertain a solid offer under 60% (perhaps somewhere between 50-55%) 3b. Tampa, FL FRMV: $180k-$200k Asking Price: 60% of the FRMV LTV: 60%Description: 40% SELLER CONCESSIONS W/ BULK PURHASES OF 10 OR MORE!!..Newly Converted condo units already rented in Tampa, FL. Appraisals, Inventory lists and summary in hand. 44 units available (40 rented 4 vacant) buyer pays 1.75% developer fee at closing. 4b. Dadeland, FL (South Miami) FRMV: $300k-$600k Asking Price: 60% of the FRMV LTV: 60%Description: 40% SELLER CONCESSIONS W/ A BULK PURCHASE OF 10 OR MORE UNITS!! Newly built Townhomes and Condos in the middle of a retail paradise (Dadeland mall). 25 units available Developer says must sell NOW!! 5b. Pompano Beach, FLAsking: $16.4M +FRMV: $25.3M +LTV: 60%-65% Description: Newly renovated 151 units, 63 leased, Lake Views, pool and spa, fitness center, Developer is EXTREMELY NEGOTIABLE!! Same scenario. SA 6b. Homestead, FL (Miami)Asking: $148k-$162k ea (reflects discount)FRMV: $260k-$285kLTV: 57%Description: Newly built Townhomes in South Dade, 17 in total, Developer looking for offers and is highly negotiable. Developer is and can be made available for a conference call for a serious buyer. AR 7b. Homestead, FL (Miami)Asking: $24.6MFRMV: $41M+LTV: 58%Description: Newly built Town homes, Appraisal available. 2 different neighborhoods, 2 different models (regular models), 1 development 350 units total between numbers 7b and 8b. AR 8b. Homestead, FLAsking: $32.5M+FRMV: $56.1M+ LTV: 58%Description: Newly built townhomes (the executive models), different model, different neighborhoods, same development 350 units total. Call/email for more info. AR 7b. Winter Garden, FL Asking: $1.750M FRMV: $2.9M-$3.1M LTV: 60%Description: 4 Newly built (completed in 2007) mini mansions on the lake in a new development. Appraisals for each home done in December 2007 for the bank and in bank's possession. Appraiser's contact info in hand and can re-appraiser property upon request. Call for more info. AR 1R. Property Type: Condos, Single Family, townhomes etc. Price Range: upto $1M per unit LTV: 55% and under of FULL APPRAISED VALUE!! Locations: Anywhere in FloridaDescription: Must have brochures, appraisals/recent comps, rent rolls pr proforma (if applicable) IN HAND!! BUYER DIRECT!!! SEND ME YOUR PRODUCT!!! 2R. Property Type: Single Family homes Price Range: $500k - $600k LTV: 65% and below Locations: Davie, Miramar, Miami Shores and Plantation, FLDescription: Little to no work, preferably new. Buyer direct, looking to purchase 6 or more this month, Seller concessions preferred but not required. 3R. Property Type: townhomes, single family, condos (builder closeouts) Price Range: $10M - $100M Max LTV: 50% and below (fees included) Locations: Anywhere in Florida Description: Must have brochures (pics), appraisals/recent comps, rent rolls or promforma (if available) IN HAND! Cash buyer, quick closing (2-3 weeks). Buyer will accept vacant developments Share this post Link to post Share on other sites