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At the present time, these are the types of properties we are most interested in
buying. Please note that this list is not all inclusive so if your
property is not mentioned, it does not necessarily mean that we have no interest
in it. Each property is evaluated on its own merits and your property may
have special features that are not reflected in this list. When in doubt,
submit it to us for evaluation.
We'll take a look at it and let you know.
However, please do not submit properties to us at their full
retail price. We are investors who intent to make a profit. We do
not, and cannot, pay full market price for any property.
We are currently most interested in:
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Single family
homes in good condition in the North Davidson County area of North
Carolina. Also, single family homes in the South, Southwest, and
Southeast areas of the Winston-Salem, Forsyth County area of NC (including
Clemmons, Lewisville, and Kernersville). We must be able to structure
the financing in a way that allows us to take over the payments of existing
debt - and/or - the seller must be willing to participate in some type of
seller carry back financing, depending on the current loan balance. We
must be able to buy it below the current, as-is, value.
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Single family
homes in any condition or location in the Triad (Winston-Salem,
Greensboro, High Point) where the asking price
is less than 50% of the after-repaired market value of the property.
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Single family luxury
homes anywhere in the continental United States with a market value of $2 million or more in excellent condition
that can be bought for 65% of the current, as-is, value.-
Apartment complexes. We will
consider anything in the continental United States but, in general, we are
looking for properties that have a market value of $2 million or more as-is, that
can be purchased below market value, and have several of the following
conditions present:
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a high vacancy factor
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run down condition
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foreclosure
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high cap rate
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low asking price per unit
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seller offering some short-term owner financing
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Office-Retail Buildings, Warehouses,
Industrial, & Mixed use. Generally, the same criteria as with
apartments -- we will consider anything in the continental United States
but, in general, we are looking for properties that have a minimum of 50,000
square feet of rentable space and a market value of
$2 million or more as-is, which can be purchased substantially below market value, and have
several of the following conditions present:
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a high vacancy factor or totally vacant
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run down condition
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foreclosure
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low asking price per square foot
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additional land surrounding building
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seller offering some short-term owner financing
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Mobile home parks. The bigger,
the better. We will consider anything in the continental United States
but, in general, we are looking for properties that have a market value of
$2 million or more as-is, that can be purchased below market value, and have
several of the following conditions present:
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large number of "used" mobile homes
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run down condition
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foreclosure
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low asking price per pad
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additional land surrounding park
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seller offering some short-term owner financing
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Raw land. The larger the tract,
the better. We will consider anything in the continental United
States. In general, we are looking for land that has a market value of
$2 million or more as-is, that can be purchased substantially below market value, and has
some of the following conditions present:
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seller offering some short-term owner financing
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in the path of progress
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foreclosure
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already zoned multi-family, commercial, or
industrial (or a strong
candidate for re-zoning to either of these)
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road frontage
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utilities
Also see
We Buy Raw Land
for additional information regarding raw land.
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Defaulted paper. Defaulted notes,
liens, mortgages, and judgments on any type of property listed above.
If you have a
property that matches one or more of the above, click
here to get started! |