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
19 Wooddburn st Patchogue
Style : Ranch
Beds / Bath 2/1
Basement: yes
Square foot of house 1000
Lot size : 50×153
Garage: 2 car
Taxes: 2070
School District: Pat med
Occupancy: Tenants
Will be delivered: Vacant
Condition: Great condition
Starting price: 169,000 if we evict 159k if you evict
For pics and public data click here
Inspection Date: Drive by only- we need to evict
About the Deal: This house is currently occupied with the tenants. There are probate issues we are working through. we are doing the eviction and the probate work. This is a great rental or a great flip.
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Deal 2
99 Sally lane Ridge ( sold fully executed )
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
16 ozone rd Rockypoint
Style : Cape
Beds / Bath currently 2/1.5 can be reconfigured to 3/2
Basement: part
Square foot of house 1009
Lot size : 40×100
Garage: 1 car
Taxes: 7790
School District: rockypoint
Occupancy: Vacant
Will be delivered: Vacant
Condition: Exterior in decent shape,Interior needs complete remodel
Starting price: 99k
For pics and public data click here
Inspection Date: House is vacant. Lock box on house Text or call for code
About the Deal: This House is an approved short.
Deal #4
144 Madison Ave Amityville ( sold as of 9/18/18 buyer fully executed )
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 complete update
Starting price: 125000
For pics and public data click here
Inspection Date: Drive by only. No open house. Look in windows. House is vacant but owner will not allow access
About the Deal: Easy rehab. House has 3/2 1 bath is in master. Must close in 3 weeks Cash only. Buyer must pay transfer tax and 1k towards attorney fee
Deal 5
1942 Jackson ave West Islip ( sold fully executed)
Style : Large ranch
Beds / Bath 3/2
Basement: full
Square foot of house
Lot size : 75/100
Garage: 2 car attached
Taxes: 13454
School District: west islip
Occupancy: VACANT
Will be delivered:VACANT
Condition: needs updating
Starting price: $279
For pics and public data click here
Inspection Date: House is vacant. Go to house and look in windows. NO ACCESS seller is a dick
About the Deal: Sick area easy rehab. MUST CLOSE in time of essence 10/8 /17 no exceptions . Buyer must pay transfer tax
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Deal 6
3 Canary Place Framingville
Style : Small ranch
Beds / Bath 2/1
Basement: full not finished
Square foot of house 800
Lot size : .14
Garage: no
Taxes: 3400
School District: sachem
Occupancy: Tenant occupied
Will be delivered: Read below
Condition: Good shape , needs minor cosmetic updating
Starting price: if you purchase with tenants 96k ( you evict ) if without tenants 105k
For pics and public data click here
Inspection Date: No date its occupied. Drive by only
About the Deal: House was purchased through estate. Tenants are there and paying. If you with tenants, 96k if you want us to evict 105k
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Deal 7
648 South bayview ave Freeport ( sold fully executed as of 9/27/17)
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: Call for access
About the Deal: a/e flood zone . On canal. Does not need to be lifted. Must close asap
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deal 8
89 Stevens st Roosevelt ( sold as of 9/18/18 buyer fully executed )
Style : Split with separate apartment
Beds / Bath 3/1 up stairs 1/1 on lower split
Basement: lower level is above grade
Square foot of house 1406
Lot size : 65×100
Garage: 1 care attached
Taxes: 8900
School District: roosevelt
Occupancy: owner occ
Will be delivered: vacant
Condition: MINT needs paint , really
Starting price: 238k
For pics and public data click here
Inspection Date: TBD
About the Deal: This is a layup. Has new roof siding and hardwood. Updated bath. You can paint and update kitchen to flip OR keep as a rental as it has the main house plus lower lever above grade apartment with separate entrance . Must close no later then first 2 weeks in October
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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: MONDAY 10/2 530-630 pm
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 does not have c/o. Rear dormer has open permit. Must close no later then first week in November
Deal 10
98 Lake Drive Wyndanch
Style : High ranch
Beds / Bath 4/2
Basement: slab
Square foot of house 2058
Lot size : 60x 112
Garage:1 car attached
Taxes: 10331
School District: wyndanch
Occupancy: vacant
Will be delivered: vacant
Condition: House sustained fire damage . Needs complete rehab
Starting price: 99k
For pics and public data click here
Inspection Date: drive by only. walk property
About the Deal: House needs complete gut die to rear fire damage. Closing will take place 90-120 days
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Deal 11
east Moriches ( coming soon)
Style : Ranch
Beds / Bath
Basement: full not finished
Square foot of house 1034
Lot size : 120×229
Garage: none
Taxes: 7086
School District: east moriches
Occupancy: occupied
Will be delivered:Vacant
Condition: needs updating not in bad shape at all see pics
Starting price: 192k
For pics and public data click here
Inspection Date: tbd drive by for now
About the Deal: address was screwed up. Its #62 comes up as 54. deed shows #62
Deal 12
16 Norfolk Dr Eatons Neck Northport( sold fully executed)
Style : hi ranch
Beds / Bath 4/3
Basement: na
Square foot of house 2300
Lot size : 8712
Garage: 1 car attached
Taxes: 10646
School District: northport
Occupancy: Vacant
Will be delivered: vacant
Condition: Great shape. Just needs minor updating
Starting price: 381k ( homes are high 500s low 600s renovated )
For pics and public data click here
Inspection Date: 2 dates and times Thursday 28th September from 4pm -5pm
Friday 29th September from 2pm -3pm
About the Deal: Super easy rehab. House has new roof siding hardwood floors and 1 upodated bath with a 5 year old burner and oil heatr. Has in ground pool great shape just needs to be cleaned.
deal must End of october
Deal 13
23 Ashland drive Kingspark ( fully executed under contract )
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: –
About the Deal: This is an easy deal. House is in MINT condition. Only has crack in wall. See pics.
Deal 14
60 Laurel Ave, Hempstead( sold as of 9/18/18 buyer fully executed )
Style: Cape/Colonial
Beds/Baths 4 BR/1BATH
Basement: unfinished
Square foot of house: 1268sqft
Lot size : 5k
Garage: 1 CAR DETACHED
Taxes: 9k
School District: #1 Hempstead
Occupancy: Vacant
Will be delivered: Vacant
Condition: Poor
Starting price: 135k
For pics and public data click here: https://www.dropbox.com/sh/46eq1j3fnw09321/AACP8RqkOPLattLGbuBgqZg2a?dl=0
Inspection Date: easy access-email for code
About the Deal: full gut job-Short Sale under contract-You can take over new corp with no issues. Bank and buyer split transfer taxes.
Deal 15
2 lot subdivision- new construction ( fully executed sold)
384 kirkman ave elmont
Style : see Plans, in line high ranch
Beds / Bath 4 2.5
Basement: full
Square foot of house 2400 plus basement
Lot size : 45×107
Garage: 1 car attached
Taxes:
School District: elmont
Occupancy: currently tenant occupied
Will be delivered: vacant with house
Condition: you knock down -we deliver approved plans land deal 2 lot
Starting price: $350 package deal or 180k each lot
For pics and plans click here
Inspection Date: drive by
About the Deal: we have done all the grunt work for you. This 2 lot subdivision is just about approved. We will deliver the deal with approvals in hand. See the link above for plans.
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Deal 16
6 cork place Huntington ( sold fully executed )
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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