May Off Market Deals

we will be publishing new deals as they come in. Check out the-site often

Speak to ya Soon>
Billy

Take a look(video ) and read the Buying Instructions( bottom of blog)

 

Deal #1

 

Deal 2
166 Caroline Ave. Garden City NY

Style : Cape
Beds / Baths 4/1
Basement: full ose
Square foot of house -1176
Lot size :40×100
Garage: 1 car detached
Taxes: 11022
School District: franklin square
Occupancy: vacant
Will be delivered : vacant
Condition: Needs lite/medium rehab work
Starting price: 339000
For pics and public data click here
Inspection Date: TBD
About the Deal: Easy rehab. In and Out. Great home in garden city Franklin square schools. Must close by june 30th

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Deal 3
1291 Peapond Rd. N. Bellmore NY (sold)

Style : Colonial
Beds / Baths 4/2
Basement: full
Square foot of house -2000
Lot size : 60×101
Garage: no
Taxes:14979
School District: north bellmore
Occupancy: tenant occupied
Will be delivered : occupied
Condition: good
Starting price: 375000
For pics and public data click here
Inspection Date: TBD
About the Deal: Currently occupied with 2 paying tenants. House is being delivered with tenants. Its your job to work with them to get them out. Both are on a month to month and paying 1800 each for a 3400 month total. Seller will deliver 3400 in security to buyer at table as a credit. this house will sell for mid to high 600s .  Needs 90k

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Deal #4
 1356 Kiefer Ave Elmont ( sold) 

4br 2 bath Cape
Full Basement
detacched garage
Owner Occupied will be delivered vacant
currently being used as a mother daughter (not legal)
Elmont schools-  TAxes about 10k
House needs full update
will be delivered vacant
Starting Price $275,000
For pics and public records click here 

 https://www.dropbox.com/sh/bxr7xi9fc5h8bg2/AACZbyqh4SHWUcC6RKDSmJTDa?dl=0

 

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Deal 5

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Deal 6

988 jonel lane massapequa still available

(SOLD)

Style : colonial
Beds / Baths 4/2
Basement: full
Square foot of house -1900
Lot size :64×111
Garage: yes
Taxes: 16988
School District: plainedge
Occupancy: tenant
Will be delivered : tenant occupied
Condition: needs updating
Starting price:289000
For pics and public data click here
Inspection Date: TBD
About the Deal: Easy rehab > great area . Comes with 2 month 2 month tenants. You will need to buy with tenants and move them out. Deal must close  3rd week in June

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Deal 7
424 Fir grove ronkonkoma

Style : ranch
Beds / Baths 3/1
Basement: full
Square foot of house -1000
Lot size :.25
Garage: 1 car attached
Taxes:9900
School District: connetquot
Occupancy: vacant
Will be delivered : vacant
Condition: needs updating
Starting price: 188k approved short
For pics and public data click here
Inspection Date: call for lock box
About the Deal: approved short . As is –

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deal 8

432 Carls path Deerpark  

Style : ranch
Beds / Baths 3/2
Basement:  no
Square foot of house – 1440
Lot size :108×117
Garage: no
Taxes: 7800
School District: deer park
Occupancy: tenant occupied
Will be delivered : vacant
Condition: needs full update – currently being used as 2 family- its a legal one family
Starting price: $176,000
For pics and public data click here
Inspection Date: 
About the Deal:

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Deal 9
631 Mount ave West babylon

Style :  Colonial
Beds / Baths 4/1
Basement:  full
Square foot of house -2016
Lot size :100x 236 street to street – property can be subdivided
Garage: 2 car
Taxes: 9862
School District: n babylon
Occupancy: occupied
Will be delivered Vacant
Condition: needs updating OR subdivide and build 2 new colonials
Starting price: 220k
For pics and public data click here
Inspection Date: May 20th Monday  9am-10am
About the Deal: This is a full renovation  OR to make the BIG money subdivide it and build 2 new houses.

Deal 10

6 Cork Place Huntington  (sold)

Style : Ranch
Beds / Baths 3/2
Basement: full
Square foot of house – not available
Lot size : .18
Garage: yes
Taxes: 6200
School District: south Huntington
Occupancy: tenant
Will be delivered : vacant
Condition: needs updating
Starting price: 265,000
For pics and public data click here
Inspection Date: TBD
About the Deal: easy rehab. tenant is the nephew. May need 30-45 days to vacate after close

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Deal 11

23 orchard place Valley stream

Style : Cape
Beds / Baths 4/1
Basement: full
Square foot of house –
Lot size :40×100
Garage:
Taxes:11000
School District: 30
Occupancy: occupied
Will be delivered : vacant
Condition: good
Starting price: $275,000
For pics and public data click here
Inspection Date: Drive by
About the Deal: easy rehab great area.

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Deal 22

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

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.

**Please Note we will continue to market the properties until the contracts are signed. If you snooze you will lose, meaning if you sit on the contracts and do not sign them  they you may lose the deal to someone else.

BUYING  PROCESS

Inspection:

When Max Returns Real Estate Investments acquires a new property, an inspection date is set for buyers to visit and inspect the home. The inspection date is shown on the property’s email and website listing page. If the inspection date has not been determined, the inspection date will show “Drive by Access Only.”
Please contact Billy  by texting him at (631) 240-4970 or email balvaro@maxreturnsrei.com with any questions or for inspection time and details.

Inspection Rules:

Inspection attendees are expected to arrive in a timely manner. The inspection may last about 30 minutes to 1 hour , depending how much time is needed to inspect the property.

In order to keep our process clean and organized, do not ask the homeowner any questions. Any potential buyer who speaks to the homeowner regarding pricing on this property will be removed permanently from our buyer’s list. All properties being inspected are guaranteed to be under contract by Max Returns Real Estate Investments

However, basic questions and comments regarding property repairs and damages are allowed. Do NOT show up prior to Inspection Starting Time.

Offers and Bidding Process:

When inspection is complete, buyers may submit an offer for the property. Bids must be received by the given deadline shown on the property’s email and the website listing page. In addition, buyers must attend inspection for their offer to be considered.

All offers must be submitted via email to balvaro@maxreturnsrei.com. Buyers must include their name (first and last), phone number, email address, and  proof of funds , Corp or LLC info and attorney info. Upon offer acceptance, this information is forwarded to escrow.

Offer Acceptance:

When an offer is accepted, the winning bidder is notified of their offer’s acceptance. Purchase Agreement and wire instructions are sent to the buyer and their attorney  via Docusign  and email. If we are assigning the file   a wire of $5,000 non-refundable EMD is due at time of signing of contract along with reimbursement of our down payment (EMD is refunded if property is not delivered with clear title).

This $5,000 non-refundable EMD is required and needs to be wired by 2PM within 24 hours of receiving the contracts. Please submit a wiring receipt to balvaro@maxreturnsrei.com in order to verify EMD has been submitted prior to the deadline.

If we are selling via a regular contract a 10% down payment is needed.

When the $5,000 non-refundable EMD or 10% down payment and Purchase Agreement are submitted before the deadline, escrow is opened and the escrow process begins as normal. If EMD is not wired and the Purchase Agreement is not signed by the deadline, Max Returns Real Estate Investments must move on to the next buyer.

 

Expect success
Billy Alvaro