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Call us : (248) 506-9426

EXTRAORDINARY INVESTMENT OPPORTUNITY!

These homes are for rehabbers who want investment property but need a rehab loan to purchase and repair the property.Click here to view properties.

This extraordinary program will give investors up to 70% of the after-repair value to cover the:

        • Purchase Price
        • Repair Costs
        • Loan Costs

So, if a home is worth $100,000 after repair, the loan works like this:

$100,000 after-repair value X 70% loan  = $70,000

-Purchase Price: $40,000
-Repairs: $25,000
-Loan costs: $5,000 
Total: $70,000

New Value: $100,000
-Loan Payoff: $70,000
Potential Profit: $30,000

Properties available for this program:

 
6000 Neff Detroit, MI 48224

Beds: 3   Baths: 1   Exterior: Brick
Sq. Ft: 1000  Repairs: $12,000-$15,000

Approximate Value: $110,000+

Price: $28,000

Comps (less than 6 mos, less than 1/2 mile):
10130 Duprey  Det, MI  $78k
5951 E Oldtown Det, MI $125k
5760 Kensington Det, MI $155k      
19355 Rutherford Detroit, MI 48235 

Beds: 3   Baths: 1   Exterior: Brick
Sq. Ft: 1000   Repairs: $15000-$18,000

Appraised Value: $110,000

Price: $43,000

Comps (less than 6 mos, less than 1/2 mile):
20307 Murray Hill  Det, MI  $88k
20060 Murray Hill Det, MI $95k
19177 Saint Mary's Det, MI $125k      
15703 Ferguson Detroit, MI 48227

Beds: 3   Baths: 1   Exterior: Brick
Sq. Ft: 1200   Repairs: $20,000

Appraised Value: $95,000-$105,000

Price: $34,000

Comps (less than 6 mos, less than 1/2 mile):
15455 Oakfield Det, MI  $99k
16760 Archdale Det, MI $132k
16587 Mansfield  $125k      
 
17600 Runyon  Detroit, MI 48234

Beds: 3   Baths: 1   Exterior: Brick
Sq. Ft: 1160   Repairs: $10,000

Appraised Value: $93,000

Price: $40,000

Comps (less than 6 mos, less than 1/2 mile):
17884 Beland Det, MI  $78k
11445 Engleside  Det, MI $103k
18101 Teppert   Det, MI  $115k    
 Call to get into the properties: 248.506.9426
Fax offers to: 313.557.1775

 
14512 Sussex  Detroit, MI     $40,000
Beds: 4   Baths: 1   Exterior: Brick
Sq. Ft: 1500   Repairs: $15,000

After-repair Value: $110,000-$115,000
 
SOLD
 
1351 Bertha   Ferndale, MI    $52,000
Beds: 2   Baths: 1   Exterior: Frame
Sq. Ft: 1200   Repairs: $13,000

After-repair Value: $115,000-$20,000
 
14050 Winthrop Detroit, MI    $35,000
Beds: 3   Baths: 1   Exterior: Brick
Sq. Ft: 1000   Repairs: $23,000

After-repair Value: $95,000-$97,000
 
2610 Caledonia Westland,MI   $38,000
Beds: 3   Baths: 1   Exterior: Frame
Sq. Ft: 862   Repairs: $12,000

After-repair Value: $96,000

  See something you like? Then start an application!

  1. Credit score: 620+
  2. Call to get application started: (248) 506-9426 or toll free: (866) 914-9756
  3. Documents needed:
    1. 2005 & 2006 Tax returns
    2. Past 3 months bank statements
    3. Last 3 asset statements: 401k, IRA, etc
  4. Get approved for the loan
  5. Choose a property, make an offer
  6. Close and do a happy dance!