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Philadelphia Wholesale No Money Down

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#1 Kare



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Posted 29 September 2004 - 04:19 PM

Would you like to earn money in Real Estate immediately without the expensive learning curve?

Would you like to earn without spending tens of thousands of dollars and months of your time?

What if there was a way to participate with no money down and no risk?

Sound too good to be true?

Here are the facts:

* A wholesaler in Philadelphia with 20+ years experience buy properties at a substantial discount. He does the renovations and the property is subsequently appraised at a higher value.

* Financing is at 100%. You purchase the house no money down and the wholesaler tenants the property to Section 8 tenants (government subsidized) and the rent is paid directly into your bank account.

* The wholesaler manages the properties for you.

* Net net profit to you per month is approximately $200-$300 per month.

How does it work?

1. Purchaser contacts the broker to receive preapproval and will also calculate how many properties you may purchase based on income and credit rating. Title insurance is included in purchase.

2. Wholesaler sells purchaser properties.

3. Properties are renovated.

4. Properties are rented to Section 8 tenants.

5. After about a 90 day processing period, Government starts depositing rental amounts into purchaser's bank account (retroactive to beginning of rental period).

6. Monies received back at closing will usually cover costs during the renovation and tenanting period.

If you would like to learn more about this no risk program with no lengthly learning curve, please contact me at kare4061@shaw.ca or (250) 479-5756.

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