WV Real Estate Sellers & Buyers Network

WV Real Estate Sellers & Buyers Network This Group, is a platform for ALL those interested in Real Estate.... Buyers.... find: training and g

We are searching for Real Estate! We Pay every time!Get the fliers out there.
05/28/2018

We are searching for Real Estate! We Pay every time!
Get the fliers out there.

05/10/2018

We need to fund $50 K for 2-3 Months Max. Secured by Real estate... Term is whatever is required.?
We could give up to 15%. Wanted Business Finance for it, not personal. All businesses have their EIN #'s and DnB Numbers. but they are New. Only 2 Years Old on one and the other 3 are 1 Years or less.

If your group is willing to look at deals, we have, similar to this one. We will do Whole a lot of business, with you. That $50K deal has an ARV of $125K and is already under Offer... So It can "flip" quickly and be sold while the work is being done for the small $20K Rehab. Purchase Price is $29K

Oh, currently our companies do about $3K- $4K per month, and about to get contracts for another $2K per month!, So, $5K,-$6K monthly revenue under contract!

Kindly, let us know. That is what we need, and we are willing to pay for it!

Please feel free to contact me at our 800 #
1-800-296-7108
Office 304-250-4447
Cell # 304-534-2883

04/26/2018

Just a Quick Note : If You have been invited to this group---WELCOME- Pleased to have you.

Grab a Glass of soda, cup of coffee, glass of wine and read on a bit.

What you read here, and what you will be participating in is something revolutionary. You can change your life here, and obtain the ONE thing that we are all still seeking FREEDOM!

This is not just another Facebook Group, It is a Real Life group that is doing real things, right here locally.

Not a "Get-Rich-Quick Scheme" nor an "Absentee Owner of an Air BnB" Millionaire program"-- Though, We do have the best of those training modules recorded and written form, if you'd like them.

It is really quite simple here... We feel strongly that we can accomplish more together, than any of can do alone!
We are "action-oriented Real estate Traders", and have met our maximum capacity..

We discussed our plan, and how things were moving much faster than we thought, and growing quite larger than we had planned, and Rather than try to hoard all the profits to ourselves, realized that we could do much, much more with a group of folks who all wanted to learn and do the same type of thing.

So, there you have it. Should you Join, or should you delete and block? We'd like you stay and help us grow and grow with us. That Choice is up to you!

04/26/2018

FOLLOW-UP:
CALLING ALL MEMBERS AND INVESTORS-

Project 1- Marion County 3 Bed 1 Bath Park-side Rehab is ready for your review, and/or Participation.

Any terms listed are subject to review and final acceptance when this project's Group is formed. We Only set some guidelines about the Investment Project, the rest is up to members who are active in that group.

$29,000.00 Status Under Contract
$1,500 Immediate Funding Required. Members Can split or invest this amount individually.

$27,500.00 Finance for Purchase at Closing- **$1,500.00 Budgeted closing costs.Can eliminate if a member wants to do closing personally.

$22,500.00 - Rehab Budget
$51,500.00 - Purchase and Rehab

**** Rehab Time- 1 Month-2 Months-

Assessed Value Marion County @ 60% = $85,500.00 or Appraised Value of $119,700.00
From agd Maps Marion County WV
aprland 54100
aprbldg 31400
aprtot 85500

We set an ARV of $135,000.00 and location Location, Location will help keep asking price closer to asking Price in Contract.

$51,500.00 Total Invested Holding only a 3% Note/Loan with Bank or Private Lenders would create a monthly Mortgage Liability, Including Insurance, and Taxes of about $360 per month for 2 Months Projected Rehab time **$720.00
3 Months on Market "Should" have this House sold..$1080.00 costsor
$1800.00 In Mortgage Payments for Listing time, and/or Rehab time.

$53,300.00 Total estimated costs to ARV Completed

$125,000.00 Sales Price
* $10K Reduction, given as: 2 yr. Home Warranty, and Upgrades budget.Provision, Ought to get it sold.
This is a special home for a unique buyer. Young Professional wanting privacy peace quite and their own R2T path. They might even pay $140K for it, If we added cheap stainless steel appliances, and a Corian Counter..Small $1500.00 Deck, * about $4K in Bells & whistles. for Millennials.

$125,000.00 Less agent broker fees of $9,000.00
$116,000.00
-$53,300.00 Total costs to acquire, rehab, stage, market, and sell.

$62,700.00 !!!!! Flip Profit.

Divided equally by 5 partners... Each receives ...$12,500.00!!
or 6 Members it would be $10,450.00 each!! or 7- $8957.00 each!!

for a short 3-5 Month Flip it is not terrible, Profits.. In Fact 3 a year @ $12,500.00 might be some folks salary..

Of course, all members of the group who join on this Project, will decide their own terms. "Any", that,we state, are only possibilities or suggestions, They have no effect.
If Interested in this Flip--It is, Probably, going to be open for a short while (2-3 Days), until 6 Members "Join in "on it.
*Might be 3-4 Members, whatever there is in the next 2-3 days??

Members' projected cost of Investment.. will run about $1,500 each. May be nothing, If, One member, or a group of members, can get a Low Interest Rehab Reno Loan... as That is what will be required to complete this property investment.

However, we as Group Admin, will give any member of this group, on this project, ALL of the Property-specific reports and analysis, we have generated, on it, to help with a Bank loan, showing this as a solid investment.!!

You may call RJ 304-250-4447 to get answer to questions now..

If any member, of this group, wants to finance this deal. at $50,000.00. The Members could offer, along with that Members Project "Partnership share" at sale of $12,5000.00, a reasonable Interest Rate of 10%-15%,, say.. for the term of 3-6 Months or Lump sum of -$5,000.00-$7500.00 Giving members an incentive to Invest in projects, and allow a streamlining of the finance costs and time constraints ( For approval..)

This Project needs at least 1 member in the next few days. We do not want to rush ANYONE..It is simply the sellers agent pushing us..

This is a nice safe one, to get in on. Local, Low Cost, and decent profit and ROI 125%..

If Not Your flavor, check out the "Project #2" Post coming up tonight!!!

04/20/2018

Feel Free to post your deals or classified, or have us "Bird-Dog" a property , and do some background and reports on it.. we will share it with the group .. Who Knows.. Maybe, make "it" Happen!!

You, members, set the terms, this is just a form for the group!
Only a few guideline.
Any suggestions?

04/19/2018

Ok folks, We have a Project, actually 2 of them, if you are interested, in getting started.
It might be fun, educational, and profitable, to get something tangible going, from the start. So, here We go....

Please provide your feedback, and input. Your thoughts on this Model-???

We ask the group members be prepared to discuss their terms. We suggest that there be 2 status positions for all members, defined by action/activity on a project,

Those are:
Active group Member
Active group Investor.

both are equal and any member might be one or both status, at any given time..

No pressure to sign-on, to any project , maybe you would just like to learn, or cheer-on others... or put your "group time" into a Project for the team/group..?

You decide. We will do what you want? You need to tell us your terms? make the group function how you want it to.
these Investments are going to be listed as they come in. Some will be " pass" on by the group and then opened to the public, or...

* Quick note about investing, and your safety-
No Group admin, or member should be asking you, directly, for money, or that money, is required to participate in any Group activity..Now Projects and Investments may, but you, can be, and are "a group member" when you say, you are.
We Obtain funding as a group, or an individual, wanting to assist the group, May finance, or obtain the financing, for purchase, and rehab, as the project requires.
Again, You all decide all of this. We are offering guidelines to make it fair and equitable!

if You have read this Far, You are Ready... So, Let's Begin..

PROPERTY # 1, Is an Under-priced Marion County, WV Single Family-
3Br 2 Bath, * Layout is terrible- redesign?? & Staging for Flip Sale, If that is the route the group decides.
Private woodsy feel, no immediate neighboring houses, and County, "Rails to Trails Park" at end of driveway. Very scenic and Good size Cleared lot, with Garage, Root cellar, Shed w/electric power (old needs updated)

House condition is Dated, Old, and worn inside, Burnt up Bathroom.* Ceiling Fan electrical fire* Burnt Linoleum, needs replaced anyway.
Furnace HVAC Looks decent pending inspection
Electrical Upgraded, Plumbing Old
Purchase Price $29,900.00,
Proposed Rehab Investment, of $25,000.00
TOTAL Investment by group is $54,000.00.

$350.00 (Ballpark) Estimated Mortgage Taxes & Insurance Payment
*Includes rehab Budget, so it is assumed this is a RENO Loan. Local Bank?

Rehab Time- 1-2 Months- With Group Members time in job Maybe 1 Month??

Payments Made on Loan $700.00

ARV- $125,000.00

$120.000.00 Listing Price

*Staging Budget $2,0000.00, Of $25,000.00 Rehab Costs Projected.
*Landscape staging- $2,000.00 Can be reused if not planted for another site or project.??

$110.000.00 Net Sales Price Less Agent Commission, and Brokerage fees..

$56,000.00 Net Profit. 5-10 Group members Lowest Profit share for each member is $5.600.00, * 5 Member team $11,200.00!!

Your thoughts: Flip, BRRRR, wholesale it, Lease it at $900.00- $1000.00 Per Month?????

If you want more info, or want to Sign-On to this project.
Email [email protected] and subject line use 3Ba Rustic Property #1. or the like and we will discuss getting this one in motion and underway immediately.

We do not list property details while Offers are Pending Only Members see that Information, This Property is Under-Contract Off-Market, ONLY for Investors, and group members viewing and participation. It will not be listed here again.

PrROPERTY #2-
2 Bedroom 1 1/2 Bath Blank Slate Rehab Started.
approx. 1500sf. Includes garage conversion?

It Is an Under-priced Marion County, WV Single Family-
2Br 1 1/2 Bath,
* Layout is Great Open Floor Plan & an amazing location, Zoned Commercial in High Traffic, Highly desirable Has another Lot with Utils Included, which could be sold or developed.???

Great Yard with Privacy, Landscaping None-, no immediate neighboring houses, and currently has 2- attached garages, which are proposed to be converted to living space. But???

House condition is Mid Rehab, Layout is great, with open floor plan and expanded Bathroom. Sacrificed a BR, but room in lower level garage, with walk-out. To add a Master Bedroom and Bath...
Furnace HVAC -Needed or use only zoned heating??
Electrical Upgraded- New 200A Service Panel all wiring needs run, no drywall so easier running wiring?,
Plumbing Needed, easy access needs installed

Purchase Price $70,00.00,
Proposed Rehab Investment, of $20,000.00
** Lowered by usage of reclaimed materials on site.
TOTAL Investment by group is $90,000.00.

$750.00 (Ballpark) Estimated Mortgage Taxes & Insurance Payment
*Includes rehab Budget, so it is assumed this is a RENO Loan. Local Bank?

Rehab Time- 1-2 Months- With Group Members time in job Maybe 1 Month??
*All is deconstructed to rafters, access easy, walls cleaned of nails, staple, old wiring, ...Partially completed.

Payments Made on Loan during Rehab- $1,500.00

ARV- $180,000.00

$195.000.00 Listing Price

$190,000.00 Sale Price

Still Have the extra Lot, and It too is zoned commercial and can allow for Multi-Unit New Construction, in a Limited Build Highly Visible, desirable Location. * Sale price includes Extra Lot in it.

They Say: " Location, Location, Location.. This Project has it.. Might push to $220,000.00 Lit Price, as Lot should, fetch $30K-$40K alone?????

*Staging Budget $2,000.00 Of $25,000.00 Rehab Costs Projected.
*Landscape staging- $2,000.00 Can be reused if not planted for another site or project.??

$165.000.00 Net Sales Price, Less Agent Commission, and Brokerage fees..

$56,000.00 Net Profit. 5-10 Group members Lowest Profit share for each member is $5.600.00, * 5 Member team $11,200.00!!

Your thoughts: Flip, BRRRR, wholesale it, Lease it at $900.00- $1000.00 Per Month?????

If you want more info, or want to sign-on to this project. Email [email protected] and subject line use 3Ba Rustic Property #1. or the like and we will discuss getting this one in motion and underway immediately.

We do not list property details while Offers are Pending Only Members see that Information, This Property is Under-Contract Off-Market, ONLY for Investors, and group members viewing and participation. It will not be listed here again.

Call RJ 304-250-4447

04/17/2018

Hello All, sorry for the absence...We have been busy, busy, and Now have something to tell you about....

We have several active projects, we will be posting about this week.
We will need your email contact, if you plan on playing a more active role, and/or if you want to receive your requested training modules.
* We spent close to $60K, buying them, and endless/countless hours searching for them. They are Yours.. Free!

04/15/2018

Just curious...if there is any Interest?
We Lined a few properties, and thought, maybe We take on the risk, and reward, as a group of investors.

A Real Estate Investment group. Would anyone want to participate? If so, any Idea on: Property type, Type of Real Estate, Type of action- Flip, BRRRR, Wholesale, Rental, Buy & Hold???

Lastly, what returns do you feel would be required.?

We ARE going to do this.....Just want the input of this group's members.
First deal we have will be posted this week.

Address

Fairmont, WV
26554

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