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Opportunity


Seeking Passive Investor, 50% equity position

A Co-founder or Partner Opportunity in or near Milwaukee, WI

Position Type Full-Time
Company Information The scope of our project is to purchase single family homes at below market value.
It is our belief that; insuring the profit is established upon purchased, and realized upon the sale, of the property. We will therefore, purchase properties @ 65%-70% of market value, after any and all repairs. These properties generally need moderate to major renovations to go into the retail or rental market. All "rehabbing" will be conducted by licensed contractors.
Our exit strategy will primarily be a (strict foreclosure) Land Contract. We will only sell our properties to candidates who will qualify for a conventional mortgage within 12 - 24 months.
Business Plan , Executive Summary, and Personal Resume available upon request. This opportunity is a safe way to make 30% ROI (IRA returns are TAX FREE)
Position Information If you have any experience in Real Estate-acquisitions, remodeling, land contracts, lease/options, etc. I am always willing to listen to other ideas.
However the partner i am seeking does not need any experience nor required to do anything. If that is what you desire , I will do ALL the work and split the profits evenly.
Expertise Desired Finance Real Estate
Position Industry Residential Real Estate
Compensation 50 - 50 Other
Compensation Negotiable

Company National Acquisitions LLC
Primary Industry Residential Real Estate
Description Experienced RE Investor is seeking a 50-50 partner for purchasing Single Family Homes from bank REOs or highly motivated sellers, in SE Wisc. I will do ALL the work and split profits evenly. The offers will not exceed 65per. of market value, after repairs. The exit strategy is 1.wholesale,2. fix and sell,3. fix and lease-option to qualified tenant-buyers for 12 -24 months. The target market will be the first time homebuyer. i.e.75k-150k retail.
I have a full 16 page biz plan for your review. I have spent in excess of 15k in my RE edu. And have completed shortsales and loan mods. My wife is also a Realtor- MLS.
Your investment is secured by a 1st mortgage, title Ins, HO Ins. Low LTV 65per cent.

Company Status
Website

Expiration Date 5/1/2010 12:00:00 AM
Start Date
Posted By Dan Lyman

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