March is heating up. Max Returns has gone into contract with 8 new properties the first 11 days of March.
Below are a few of the deals currently available.
Deal 1
57 Jedwoood Valleystream (School District 24)
4 1 1/2 Bath Cape with Garage
Great shape needs updating
Legal Rear extension adds square footage
Dormered Rear upstairs
Roof 6 years old
heating 6 years old
Hardwood floors though out
rehab 50k
Resale $439k
Price $259
Exterior Pics
https://www.dropbox.com/sh/uzfzj4vgy57olku/AAALrxy0uutzq2qKO9rzfbGba?dl=0
Public records and Comps ( none renovated )
https://www.dropbox.com/sh/pszgadfmge8gem5/AACT2qTBRHt5td9GMghwGIvLa?dl=0
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Deal 2
PRICE REDUCED
From 145k to 119k
There are 2 137 oaks in Patchogue its the one found here https://goo.gl/maps/hvK1nUHa3kt
3 bedroom 1 bath cape
Full basement
Full gut renovation
Vacant :text or email for Access
Price $119,000
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Deal 3
Vacant drive by only
3 Canary Place Farmingville NY
2 bedroom 1 bath
700 square foot home
House will be ready in 90 days to close( estate issues )
Rehab costs $42k
ARV $205 ( we pulled comps back 2 years as it’sa 2 bedroom and not many in the last 12 months were renovated )
Your price $105
comps https://www.dropbox.com/sh/8qoc74dw8m2v5ye/AACgwRUVDu24CqVfpMKW5tU0a?dl=0
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Deal 4 <vacant > will have lock box on shortly
626 Roman westbury
3 bedroom 1 bath all remodeled All New
Great flip or rental
Need to finish off getting c/o for house
ARV $249k
Rehab ( costs to get c/s’s $5k)
your price
$175,000
comps https://www.dropbox.com/sh/uq0tajf4haldd8g/AADPtjXM40xAQRndgUdOUOnia?dl=0
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Deal 5
288 west Shore road Oakdale NY
4 2.5 Colonial
Solid House, needs windows kitchen baths paint trim work some sheet rock patch (had leak repaired)
Fill in 1/2 in-ground pool back yard some landscaping
Has hardwood throughout
ARV $539k
comps between $499k and $550
Repair Costs $60k
Your Price $317k
Pics of the property https://www.dropbox.com/sh/qh66rs3bo91wr3j/AAAoDq_Ww5yKd6g6811lhY5Ga?dl=0
Deal 6
COMMERCIAL MIXED USE BUILDING
434 Nassau Rd Roosevelt , Corner Lot
Price $205,000
Occupied with 6 tenants all paying month 2 month
https://www.dropbox.com/sc/e9qvhlu5rw7xefq/AAD8IcC6tkl9fTYkpjSuggQga
We have the following areas in contract that will be marketed as soon as the title issues get cleared
Queens – Ready to market March 21st
Brooklyn 2 lot subdivision ready end of march
Holbrook x 2 1 ready in May to market other one ready end of April
West Babylon x 2 1 ready March 21 the other ready end of May
Rockville center – ready to market end of April
READ THE BELOW
As active fix and flip investors we’ve purchased numerous homes throughout the years from wholesalers all over New York . What we typically find is that they sell properties with very little margin or supporting comparable sales. Therefore, we look through hundreds of properties before we find one that meets our criteria of having comparable properties to support the price. At Max Returns wholesale homes we deliver properties that are truly below market. Now, the definition of “below market” can be subjective. If you ask ten different investors you’ll get ten different answers.
It’s not easy to find these types of properties. We spend thousands of dollars on marketing and countless hours searching for deals that meet this criteria.
Where do these deals come from?
We are marketing specialist. Our arsenal of marketing strategies includes:
o Bandit Signs
o Newspaper Advertising
o Local Flyers
o Other Guerrilla Strategies
o Direct Mail
o Massive Internet Exposure
o Direct Relationships With Banks & REO Agents
Instructions for Submitting an Offer:
Step #1: Submit your offer via email to
Balvaro@maxreturnsrei.com ro text
Include the property address, buyers name address, buyers attorney info and proof of funds.
Step #2: Sign Contracts and Deposit Earnest Money Below
You must also deposit $5,500 of earnest money for your offer and contract to be complete. You may wire or drop off funds to:
Steve Goldfarb Attorney
120 Main St,
Huntington, NY 11743
(631) 427-0400
Email: sgoldfarblawyer@aol.com
Unless your offer is all cash you’ll need to be approved with a hard money lender and submit proof of funds or approval letter with the offer. If you need hard money please let me know I can arrange financing.
To view a property, please contact the office at via text at 631-653-1414 to make arrangements to obtain access.
Most of our properties are sold very quickly. We do however take backup contracts.
Because we usually buy and sell many properties monthly it is extremely important for you to close on the anticipated closing date in your contract to avoid penalties.
We take each and every offer very seriously.
All offers are subject to prior sales and withdrawals.
Expect success
Billy Alvaro
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