Description

We need a Wholesale Investor to take-on this Project….You will have a Profit Potential of: 50K—100K+ !! You will need: $165,000. + Closing Costs, to Purchase a 3-Story Home in Ocala, that is Zoned: B-1 Commercial. It would be a Perfect Office for an Attorney, a Business on the first Floor & Live on the 2nd Floor, & Storage on the 3rd Floor, etc…. It has been partially renovated & still needs an estimated 30K to finish, & should easily sell for: 250K—300K+ It is located at: 406 NE 8th Ave., Ocala MCPA Parcel ID #: 2826-014-002 It is the Yellow Painted House…everyone has seen it! Just One Block North, across the street from it, was a Similar Property, Older & it was a Historical Home, it had been renovated, & with a bit larger Square Footage, it just sold for: $475,000. in 4/2008!! I have the contract on this Property, & we really need to get this Closed before the Mortgage Balloons in August!! First & Fastest Buyer, with CASH, get’s it!! The Seller has a Balloon Mortgage which will be due in less than a month…she did the Contract for just what she owes on the Mortgage, let’s help save her credit, from having a foreclosure on it, & you can make a nice Profit, too! See some Photos: http://www.freewebs.com/commercialrehabproject/index.htm I can provide More details, if you like….just Call me!

If you are serious about WANTING to do this deal, but, are lacking the Money to get into the Project….. .I may have a Private Money Source to HELP you!

You would need SOME Money of your own to pay for some/all of the Closing Costs, & some extra to Start the renovation work. They will pay for 100% of the Purchase Price,Renovations,& maybe some of the Closing Costs… but, max. out at 65% After Repair Value. The Renovation Funds are re-imbursed back to you, after you do a portion of the work.

You will need at least a 620 credit score, & you pay just: Interest Only Payments.

With a 700+ Score, you can go up to 6 months with NO MONTHLY PAYMENTS DUE, then, it becomes an: Interest Only Payments due Program, & then you just pay the Payments Amount that were owed, when you sell & re-pay the whole Loan! There are NO Pre-Payment Penalties!!

Let me know, quickly….. I already have others who are looking into this Project already, & are considering this Project. We need to close ASAP!!!

Thanks,

Paul (352) 694-2130—Ofc. (352) 895-9064—Cell.

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