50 Florida Turnkey SFR Homes (54% LTV)
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tlminvestments
Mar 9, 2009, 10:46:53 PM3/9/09
to Commercial Real Estate Investment
Florida Bulk Home Purchase
50 SFR @ $40.49 sf = $3,138,475 (54% LTV)
Conservative BPO: $5,813,400
Total living area: 77,512 sq ft
Built in 2005 - No rehab needed.
Complete turnkey operation. We already have in systems in place, to
facilitate your exit strategy.
EXIT STRATEGIES
1. Place renters that we can qualify for FHA, VA or USDA in the
properties, to convert within 120 Days. Resale at $65 sq ft.
2. Place renters with annual leases and convert them to buyers in 366
Days, to protect the investor from Capital Gains Tax issues.
Principals and direct brokers, please contact us if interested.
--
Travis L. McKee
TLM Investments LLc
(248) 322-1009 office
(928) 396-1009 fax
tlminve...@gmail.com
50 SFR @ $40.49 sf = $3,138,475 (54% LTV)
Conservative BPO: $5,813,400
Total living area: 77,512 sq ft
Built in 2005 - No rehab needed.
Complete turnkey operation. We already have in systems in place, to
facilitate your exit strategy.
EXIT STRATEGIES
1. Place renters that we can qualify for FHA, VA or USDA in the
properties, to convert within 120 Days. Resale at $65 sq ft.
2. Place renters with annual leases and convert them to buyers in 366
Days, to protect the investor from Capital Gains Tax issues.
Principals and direct brokers, please contact us if interested.
--
Travis L. McKee
TLM Investments LLc
(248) 322-1009 office
(928) 396-1009 fax
tlminve...@gmail.com
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