October -November 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

183 Monroe St Mastic NY (Sold  in contract)

Style :  Ranch 
Beds / Bath  3/1
Basement: slab
Square foot of house 1129&
Lot size : 67×163
Garage: na 
Taxes: 5840
School District:  william floyde
Occupancy: owner occ
Will be delivered:  vacant 
Condition: over all great condition 
Starting price: 92000
For pics and public data click here
Inspection Date: monday 30th october 3pm -4pm 
About the Deal:  Easy flip or great rental. As a rental needs minimal work – 7500-10k max if flip 40k max for highest ARV

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Deal 2

16 ozone rd Rockypoint ( contracts out to be signed)

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.

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Deal 3

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 #4

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 5

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  
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 6

98 Lake Drive Wyndanch ( contracts signed sold 11/27/17 )

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 7

6 avon Dr Amityville NY

Style : Ranch 
Beds / Bath   2/1   ( convert into a 3/1 and add bath to basement for a 3/2) 
Basement:  full 
Square foot of house  1000
Lot size :  61x 136
Garage: na 
Taxes: 6883
School District:  copiague
Occupancy:  occupied 
Will be delivered: vacant 
Condition: needs updating 
Starting price: 135000
For pics and public data click here
Inspection Date: TBD 
About the Deal: easy rehab great flip or rental – You’ll get a good arv if you configure the interior and tun to a 3/2 ( one in basement) 

 

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deal 8

221 Brook street westbury ( 11/27/17 contracts out to be signed )

Style : cape
Beds / Bath  4/2
Basement:  part not finished 
Square foot of house 1488
Lot size : 75 x 100
Garage:  detached 
Taxes: 11618
School District:  westbury
Occupancy: owner occ
Will be delivered:  vacant 
Condition: good over all needs updating 
Starting price: 199,000
For pics and public data click here
Inspection Date: Investor Open House Tuesday 11/21 1pm -2pm 
About the Deal:  easy rehab, hardwood floors . Sound home. Needs updating. 

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Deal 9

86 harririson East Hampton

Style :   Cape 
Beds / Bath  4/2
Basement: full unfinished 
Square foot of house 
Lot size : .5
Garage: none
Taxes: 2517
School District: springs 
Occupancy:  seller occupied 
Will be delivered: vacant 
Condition: needs FULL update  
Starting price: $449,000    (( after repair value is $715k)
For pics and public data click here
Inspection Date:TBD 
About the Deal: Home run . Great return Comps in area are mid to high 700s 740-790 

• 28 Harrison Ave East hampton $630k : Cape 4/2 1,528 sqft  sold Sept 2016 Good condition but not fully mint

   https://www.zillow.com/homedetails/28-Harrison-Ave-East-Hampton-NY-11937/59549461_zpid/?fullpage=true

  15 Harrison ave, East Hampton – 730k

  24 Lafayette Pl, east hampton – 675k

  571 Accabonac Rd,East Hampton, Sold 650k in 2016- renovated, smaller house smailler lot NY 119373 beds 3 baths 1,143 sqfthttps://www.zillow.com/homedetails/571-Accabonac-Rd-East-Hampton-NY-11937/69474486_zpid/?fullpage=true

 

Deal 10
greenlawn -coming soon

Style : colonial 
Beds / Bath  5 2.5
Basement: full
Square foot of house  2400
Lot size : .18
Garage:  1 car
Taxes:  6722
School District:  HARBORFIeld
Occupancy: Vacant  
Will be delivered: vacant 
Condition:  HAS NEW ROOF SIDING AND MOST WINDOWS NEW – HARDWOOD  FLOORS THROUGHOUT – all bedrooms over sized – 
Starting price: 410000
For pics and public data click here
Inspection Date:TBD 
About the Deal:  coming soon 

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Deal 11

48 Croyden st New Hyde park

Style : cape 
Beds / Bath 4 1 1/2 
Basement: full 
Square foot of house  1426
Lot size : 70×103
Garage: 1 car 
Taxes: 11824
School District:  new hdye park 
Occupancy:  vacant 
Will be delivered:  vacant 
Condition: needs to be updated
Starting price: 540000
For pics and public data click here no pics drive by 
Inspection Date: Wednesday November 15th 1pm -2pm text me for code – lock box 
About the Deal:  all brick- hardwood through out. Great area. Easy rehab. Comps are solid in area .

Deal 12

475 waverly ave brooklyn Ny ( on market we have contract)

Style : brownstone legal 2 family can be converted to triplex 
Beds / Bath   5 3 1/2
Basement: full
Square foot of house 2145
Lot size :
Garage: na 
Taxes: 
School District: 
Occupancy:  owner occ 
Will be delivered: vacant 
Condition:great condition- needs minor updating  
Starting price: 2,450,000
For pics and public data click here
Inspection Date: TBD 
About the Deal:  on market- we have contract. Great  shape .  

Deal 13

42 Roosevelt Street Hempstead New York (Sold, in contract)

Style :  Ranch 
Beds / Bath  2/1 
Basement:  slab
Square foot of house  1000
Lot size : 50×100
Garage:  1 car 
Taxes: 6578
School District:  hemstead 
Occupancy:  tenant 
Will be delivered Vacant  
Condition: needs updating 
Starting price: 125000
For pics and public data click here
Inspection Date:  Investor Open House Wednesday 12/06 2pm-3pm
About the Deal:  House is currently a 2br BUT its really a 3. Just need minor wall added to convert back to 3 br. Easy rehab. Great flip or rental 

 

Deal 14
3 Stanley Ln. New Hyde Park NY

Style :  colonial 
Beds / Bath  6/2 
Basement:  Full finished 
Square foot of house  2280
Lot size : 50 x 104
Garage:  1 car detached 
Taxes: 14282
School District: new hyde park
Occupancy: occupied 
Will be delivered:  vacant 
Condition:  needs updating 
Starting price: 515000
For pics and public data click here
Inspection Date: TBD 
About the Deal:  easy rehab. Check out pics. High comps in area  

Deal 15

Style : 
Beds / Bath 
Basement: 
Square foot of house 
Lot size :
Garage: 
Taxes: 
School District: 
Occupancy: 
Will be delivered: 
Condition: 
Starting price:
For pics and public data click here
Inspection Date:
About the Deal: 

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