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
35 4th street valley stream ((( under contract as of 9.2.17)))
Style : cape
Beds / Bath 3 br /1 bath
Basement: full
Square foot of house -1100
Lot size : 28×100
Garage: 1 car detached
Taxes: 6957
School District: #24 Valley Stream
Occupancy: owner
Will be delivered : VACANT
Condition: needs full update – has New Heating system
Starting price: $185,000
For pics and public data click here
Inspection Date:
About the Deal: full rehab. Must close in 2 weeks.
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Deal 2
99 Sally lane Ridge
Style : ranch
Beds / Bath 3/1
Basement: full finished
Square foot of house – 1590
Lot size :99×435
Garage: 1 detached
Taxes: 5851
School District: longwood
Occupancy: vacant
Will be delivered :vacant
Condition: needs work
Starting price: 145000
For pics and public data click here
Inspection Date: Tuesday Aug 29 130 pm to 230 pm
About the Deal:
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Deal 3
Style : ranch
Beds / Bath 2/2
Basement: full finished
Square foot of house – 1410
Lot size :50×96
Garage: none
Taxes: 5181
School District: sachem
Occupancy: tenant (paying)
Will be delivered : with tenants
Condition: Great shape minor stuff
Starting price: $152,000
For pics and public data click here
Inspection Date:
About the Deal:
Currently rented $1500 month paying tenants. Tenants will move if they are asked. Month 2 month lease
Deal #4
Amityville Coming Soon
Style : Ranch
Beds / Bath 3/2
Basement: no
Square foot of house –
Lot size : 75×125
Garage: 1 attached
Taxes: 11815
School District: amityville
Occupancy: vacant
Will be delivered :vacant
Condition: needs full reno
Starting price: 125000
For pics and public data click here
Inspection Date:
About the Deal:
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82 Camille Ln East Patchouge ((( under contract to sell s of 9.2.17)))
call me for code
Style : Ranch
Beds / Bath 3 /1.5
Basement: slab
Square foot of house -1522
Lot size :.28
Garage: 1 detacched
Taxes: 9323
School District: south country
Occupancy: vacant
Will be delivered vacant
Condition: Fire damage
Starting price: 125000
For pics and public data click here
Inspection Date: drive by (( call me 800-793-5015×100 -or email me balvaro@maxreturnsrei.com for code and access)
About the Deal: Fire damage see pics . sold as is close asap
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Deal 6
6 dietz central islip
Style : land deal 3 lot subdivision 100k each lot
Beds / Bath
Basement:
Square foot of house –
Lot size : each lot 9300 sf
Garage:
Taxes:
School District:
Occupancy:
Will be delivered
Condition:
Starting price:
For pics and public data click here
Inspection Date:
About the Deal: New Construction this is a 3 lot subdivision. we are in the process of getting lots approved.
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Deal 7
28 bay crest huntington Bay
Style : Over size colonial
Beds / Bath 6 -31/2
Basement: full
Square foot of house – 8600
Lot size : 1.45 acre
Garage: 3 car
Taxes: 25k with star
School District: 3 huntington
Occupancy: Occupied DO NOT ENTER
Will be delivered : vacant
Condition: needs updating
Starting price: $1,050,000
For pics and public data click here
Inspection Date: wednesday september 6th at 3pm-4pm
About the Deal: This home was /is was listed at 1.4.Seller refused to show house because she was in denial. Seller called us direct. we are in contract. Time of essence pending foreclosure. This house needs 400-500k to renovate. we spoke to several to realtors in the area. if this home is done right it will sell for 2.4-2.6m
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deal 8
3010 Sipp Ave. Medford NY (((in contract to sell as of 9.2.17)))
Style : raised ranch
Beds / Bath 3/2
Basement:
Square foot of house – 1704
Lot size : 80×105
Garage: na
Taxes:8575
School District: medford
Occupancy: occuoied
Will be delivered vacant
Condition: good conduit
Starting price: 170000
For pics and public data click here
Inspection Date:
About the Deal: House has new roof and free and clear solar panels and ingound pool . Repair costs estimated at 40k
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Deal 9
88 little neck road centerport
Style : Expanded rear dormered cape
Beds / Bath 5/3
Basement: full
Square foot of house – 3000
Lot size : 025
Garage: 2 car
Taxes: 15000
School District: Harborfield
Occupancy: occupied DO NOT GO ON PROPERTY TILL OPEN HOUSE DATE
Will be delivered : Vacant
Condition: Great condition
Starting price: 550000
For pics and public data click here
Inspection Date: will determine
About the Deal: House right behind it sold for 889 10 days on market ( same house ) House down the road not renovated on market for 669. Subject needs TLC.
has hard wood through out. Has new roof and Brick siding. Needs kitchen baths paint and to fully finish basement. Has new upgraded 200 amp electric, has new AC ( 5 years) New heating system n boiler(3 years) The rear of basement is fully above grade walk out to back yard. Rear deck may not have c/o.
Deal 10
525 Farrington Rd. Oceanside NY (( multiple offers in as of 9.2.17)))
Style : colonial
Beds / Bath 3/1
Basement: FF
Square foot of house -1334
Lot size : 50×100
Garage:1 car
Taxes: 10483
School District:n oceanside
Occupancy: vacant
Will be delivered : vacant
Condition: Needs updating
Starting price: $299k
For pics and public data click here
Inspection Date: Wednesday 8/30 at 4pm till 5pm One time only showing.
About the Deal: Great comps in area. Easy rehab. In and out. wont Last
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Deal 11
23 Ashland drive Kingspark
Style : Split
Beds / Bath 3/2
Basement: slab
Square foot of house – 1670
Lot size : .25
Garage: 1 car attached
Taxes: 9676
School District: Kinds park
Occupancy: occ
Will be delivered: vacant
Condition: House is in great condition. One section has a crack in house see pics ., that needs o be repairs . Over all great condition
Starting price: $295k
For pics and public data click here
Inspection Date: Thursday 8/31 4pm-5pm one and only showing
About the Deal: This is an easy deal. House is in MINT condition. Only has crack in wall. See pics.
Deal 12
648 South bayview ave Freeport
Style : Cape
Beds / Bath 4/2
Basement: na
Square foot of house 1584
Lot size : . 90×47
Garage: na
Taxes: 10777
School District: freeport
Occupancy: vacant
Will be delivered: vacant
Condition: needs full gut renovation
Starting price: $165k
For pics and public data click here
Inspection Date: Thursday September 7 from 430-530pm
About the Deal: a/e flood zone . On canal. Does not need to be lifted.
Deal 13
1123 Jackson Place, Baldwin (( in contract to sell as of 9,2.17)))
Style: Cape Cod
Beds / Baths 3 BR/2 BATHS
Basement: Crawl
Square foot of house – 2013
Lot size : 8k
Garage: 1 CAR DETACHED
Taxes: 16K
School District: #10 Baldwin
Occupancy: Vacant
Will be delivered : VACANT
Condition: MINT-Very minimal outside work-
Starting price: 215k
For pics and public data click here https://www.dropbox.com/sh/jupmdneot2q87vu/AADnjMYHxG9mBjcRq3dgMiDAa?dl=0
Inspection Date: TBD
About the Deal: -House needs some minor work on the outside(landscaping) and garage work. Bulkhead in perfect
condition-everything in house is all updated……NO CO, Some minor open permits that were never closed out. Should be easy to close out with
new plans, etc….Can refer our expediter to knock these out. ARV is 425k
Deal 14
3 Beaverdale Ln Stony Brook NY ( in contract as of 9/05-17)
Style : Expanded Cape
Beds / Bath 5/ 3.5
Basement: Slab
Square foot of house 2753
Lot size : .43
Garage: Garage has been converted to living space NO c/o
Taxes:14998
School District: Three village
Occupancy: tenant
Will be delivered: vacant
Condition: Lite rehab
Starting price: 345k
For pics and public data click here
Inspection Date: Thursday 8/31 2pm
About the Deal: Easy rehab. either keep garage as living and get c/o or convert back. Will be delivered vacant. Must close Sept 15 . Title is clear
Deal 15
6 cork place Huntington
Style : Ranch
Beds / Bath 3/2
Basement: full basement
Square foot of house 1600
Lot size : 80×120
Garage: 1 car
Taxes:6213
School District: south Huntington
Occupancy: vacant
Will be delivered vacant
Condition: needs updating
Starting price: 289000 ((( values for this house exceed 445k)
For pics and public data click here
Inspection Date: No open house- text me for access. This will move quick
About the Deal: Easy rehab easy access.
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
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