Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




How To Advertise Here

More Good Ideas!
Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#66004 - 02/13/06 05:34 AM Tampa Condo Conversion. Earn 3.5%
realestatefla1 Offline
Veteran Member

Registered: 11/10/05
Posts: 1038
Loc: Florida
The Scott Daniels Real Estate Group is Proud To Present.
Tampa Condo Conversions only $2,500 down. Incentives Galore! No Negative Cash Flow!
Three Insider Incentive Packages listed below were designed with absentee owner in mind.Now is your chance to invest with only $2,500 deposit! Closing in 30-45 days.Across from Public Golf Course.
Prices Range: 2bed,2ba, over 1100 SF under A/C! Townhome start $162,900
3bed,2ba over 1300 SF under A/C! Townhomes start @$182,000



Rental Income Guarantee & $7,500.00* Cash Credit at Closing.
Package #1

1. þ $7,500.00 Cash Price Discount:
Buyer will receive a $7,500 cash credit at closing which could be used for closing cost, down payment or however the buyer desires.

2. þ 2-Years Rental Income Guarantee:
The Trust will prepay all tenant rent payments to your buyers one month in advance on a monthly basis for a period of 2-years from time of closing:
ü No worries of collecting rents or tenant excuses.
ü No fears of negative cash flow due to vacant units
ü And much, much more!

3. þ Only $2,500.00* Escrow Deposit Due at Contract:
Only a $2,500 escrow deposit is due at time of closing with the balance of 5% due with 21 days from the execution of the contract. *See below for more details.

4. þ 2-Years Complementary Property Management:
Your buyers’ condominium unit will be professionally managed for a period of 2-years at NO ADDITIONAL COST to your clients:
ü No headaches with tenant phone calls or tenant management.
ü No troublesome tenant complaint.
ü No aggravation or concerns with renting vacant units or evictions.

5. þ 2-Year No Negative Cash Flow Credit Line (Optional)*:
The buyer may elect to receive an optional very low interest line of credit, at 6.99% per annum; this credit line is used to cover any negative cash flow they may experience. For up to two years, each month your clients will receive a check equal to their monthly negative cash flow which will be drawn from a very low interest secured line of credit. There are no prepayment penalties and all interest monthly payments due on the credit line are deferred for two years as well—No Monthly Payments for 2-Years! *See below for more details.
Insider Package #2:

100% LTV Investor Mortgage with low money down to close.

1. þ Low Cash Out of Pocket to Close:
The Buyer’s total cash out of pocket to close is very low, roughly 3-4% on an average. This is based on a 90% mortgage and an additional 10% Investor or 2nd Home Mortgage which is backed by the Trust; all with good credit, stated income and verified assets.

2. þ 1-Year Rental Income Guarantee:
The Trust will prepay all tenant rent payments to your buyers one month in advance on a monthly basis for a period of 1-year from time of closing:
ü No worries of collecting rents or tenant excuses.
ü No fears of negative cash flow due to vacant units
ü And much, much more!

3. þ Only $2,500.00* Escrow Deposit Due at Contract:
Only a $2,500 escrow deposit is due at time of closing with the balance of 5% due with 21 days from the execution of the contract. *See below for more details.

4. þ 1-Year Complementary Property Management:
Your buyers’ condominium unit will be professionally managed for a period of 1-Year at NO ADDITIONAL COST to your clients:
ü No headaches with tenant phone calls or tenant management.
ü No troublesome tenant complaint.
ü No aggravation or concerns with renting vacant units or evictions.

5. þ 1-Year No Negative Cash Flow Credit Line (Optional)*:
The buyer may elect to receive an optional very low interest line of credit, at 6.99% per annum; this credit line is used to cover any negative cash flow they may experience. For up to one year, each month your clients will receive a check equal to their monthly negative cash flow which will be drawn from a very low interest secured line of credit. There are no prepayment penalties and all interest monthly payments due on the credit line are deferred for two years as well—No Monthly Payments for 2-Years! *See below for more details.

2. ý Sorry a Cash Price Discount is NOT Offered with this Package:
Insider Package #3:

Deep Cash Discount on Price.


1. þ $10,000 Seller Cash Credit at Closing:
Buyer will receive a $10,000 cash credit at closing which could be used for closing cost, down payment or however the buyer desires.

2. þ Only $2,500.00* Escrow Deposit Due at Contract:
Only a $2,500 escrow deposit is due at time of closing with the balance of 5% due with 21 days from the execution of the contract. *See below for more details.

3. þ 2-Years Complementary Property Management:
Your buyers’ condominium unit will be professionally managed for a period of 2-years at NO ADDITIONAL COST to your clients:
ü No headaches with tenant phone calls or tenant management.
ü No troublesome tenant complaint.
ü No aggravation or concerns with renting vacant units or evictions.

4. ý Sorry a Rental Income Guarantee is NOT Offered with this Package.


5. ý Sorry a Credit Line for Negative Cash Flow is NOT Offered with this Package.

Please Contact our office for additional information.
954-275-0200. Email scott@preconstructioninflorida.com

Top
#66005 - 02/13/06 12:28 PM Re: Tampa Condo Conversion. Earn 3.5%
alvin Offline
Veteran Member

Registered: 09/02/04
Posts: 992
Loc: dev
hey scott
what kind of trust is it?
how's the trust set up?
whos carrying legal and equitable title?
whos the trustee and the beneficiaries?

Top
#66006 - 02/13/06 01:00 PM Re: Tampa Condo Conversion. Earn 3.5%
realestatefla1 Offline
Veteran Member

Registered: 11/10/05
Posts: 1038
Loc: Florida
Al,
Can you email me directly @ realestatefla1@hotmail.com
Thanks in Advance.
Scott

Top
#66007 - 02/13/06 01:22 PM Re: Tampa Condo Conversion. Earn 3.5%
alvin Offline
Veteran Member

Registered: 09/02/04
Posts: 992
Loc: dev
sent

Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Idea!
REO and Short Sale Listings
Sponsors

Newest Members
manhattanscout, hghgh, superealtor, beaucoupe, vkat007
20762 Registered Users
Who's Online
7 registered (LisaDodds, fefe, KatyGirl, manhattanscout, kevo32, 2 invisible), 153 Guests and 2 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
DueDiligence 90
Vermont 89
HomeTeamGA 51
smg 41
shana 40
pikes peak 40
pro 40
75Corvette 37
Kjmendy 36
Brad - W4BJM 36
Artiste 35
Doin' bpose 34
realyte 31
Dave23 30
Rezo 29
(Views)Popular Topics
No new orders today 3953604
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2025828
Stupid MLS comments. 841351
EML 457988
Evalonline 299344
Land America 284999
Mainstreet 261428
What do you know about Froy Candelario, top agent in USA 248586
Pay it Forward - BPO/REO Tips & Tricks I & II 223482
New HUD Listing Brokers---Any Update? 222904
Is there religious content in Buffini class? 197342
Stupid QC comments and BPO requirements. 187268
FARVV 177240
REOTRANS 151441
USRES / RES.NET 147574
AVM Bpos 139412
asset val seminar in colorado 134413
FARVV 126751
Let's talk about our cars 120412
PAS 118318
Featured Member
Registered: 04/16/06
Posts: 43

How To Advertise Here


This site presented by RNC Internet Services