December 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

45 Fireside Ln Setauket (Sold In Contract)

Style : High ranch
Beds / Bath : 3/1.5
Basement: Slab
Square foot of house : 1,248
Lot size : 0.35
Garage:  1 Car Attached
Taxes:  $2,776
School District: Three Village School District
Occupancy:  Seller Occupied
Will be delivered:  Vacant
Condition:  Needs Full Rehab/Gut
Starting price: 205k
For pics and public data click here
Inspection Date:  TBD
About the Deal:  HIGH COMPS in a Desirable area, To maximize your investment change from 3/1.5 to 4/2.  House has great bones and potential.

 

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Deal 2

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  

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Deal 3

3 Canary Place Farmingville

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 Woodburn 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

45 E. Seacrest Ave, Lindenhurst

Style : Ranch
Beds / Bath: 3/1
Basement:  Crawl Space
Square foot of house : 1,125 Sq Ft
Lot size : 40×100

Garage:  None
Taxes: $8,162
School District: Copiague
Occupancy: Vacant
Will be delivered:  Vacant 
Condition:   Needs Full Rehab/Gut
Starting price: $149K

For pics and public data click here 
Inspection Date: 12/27 12PM-1PM
About the Deal:  House does NOT need to be lifted.

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Deal 6

86 Harrison East Hampton (Sold, In Contract)

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 smaller lot NY 119373 beds 3 baths 1,143 sqfthttps://www.zillow.com/homedetails/571-Accabonac-Rd-East-Hampton-NY-11937/69474486_zpid/?fullpage=true

 

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Deal 7

49 Water Ln Levittown

Style : Cape
Beds / Bath: 4/1
Basement:  Slab
Square foot of house : 1,638 Sq Ft
Lot size : 72X90

Garage:  1 Car Attached
Taxes: $9,996
School District: Levittown
Occupancy: Tenant Occupied
Will be delivered:  Vacant 
Condition:   Lite Rehab
Starting price: $285K

For pics and public data click here 
Inspection Date: TBD 
About the Deal: Easy Rehab.  To maximize your return make it a 2 bath home. Overall, house is in great condition.

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deal 8

189 Lake Drive East Patchogue

Style :  Bungalow
Beds / Bath : 2/1
Basement:  slab
Square foot of house 688 Sq Ft
Lot size : .11
Garage:  N/A
Taxes: $6,024
School District: Patchogue-Medford
Occupancy: Vacant
Will be delivered: Vacant
Condition:   Full Rehab
Starting price: $120K
For pics and public data click here
Inspection Date:  TBD
About the Deal:   Great Rental Opportunity, Great Rehab/Flip opportunity

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Deal 9

67 Horton Drive Huntington Station

Style : Ranch
Beds / Bath : 4/2
Basement: Full Unfinished
Square foot of house: 1,700 Sq Ft
Lot size : .53
Garage:  Attached 2 Car
Taxes: $8,265
School District: South Huntington
Occupancy: Seller Occupied
Will be delivered: Vacant 
Condition: Lite/Med rehab
Starting price: $250K
For pics and public data click here
Inspection Date: TBD
About the Deal:   Full Rehab, High Comps in area @$450K +

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Deal 10

Style : 
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Basement: 
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Will be delivered: 
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Starting price:
For pics and public data click here
Inspection Date:
About the Deal: 

Deal 11

Style : 
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Will be delivered: 
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Starting price:
For pics and public data click here
Inspection Date:
About the Deal: 

Deal 12

Style : 
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Basement: 
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Lot size :
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Taxes: 
School District: 
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Will be delivered: 
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Starting price:
For pics and public data click here
Inspection Date:
About the Deal: 

Deal 13
 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: 

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 georgina@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 offmailto:balvaro@maxreturnsrei.comer 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