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www.InvestorsGoldmine.com | 4/2.5 BATH, POOL, BRICK HOME, WINTER PARK, 420K | ARV 700

www.InvestorsGoldmine.com 4/2.5 BATH, POOL, BRICK HOME, WINTER PARK, 420K | ARV 700 $419,900  4 bd, 2.5 ba, 3050 sqft ...

Showing posts with label probate house. Show all posts
Showing posts with label probate house. Show all posts

Thursday, September 22, 2016

www.investorsgoldmine.com | DELTONA REHAB PROJECT 75K (32738) |ARV 150K

www.investorsgoldmine.com

DELTONA REHAB PROJECT 75K (32738) |ARV 150K

$74,900 3 bd, 2.5 ba, 1524 sqft
Property overview, the last 3 months there has only been 7 properties that have sold throughout the entire City of Deltona below that magical number of 50psf. Two of those properties have been sold through Stonebridge, and this would be the 3rd one.  Even though the sheet rock has been removed, and the rehab could appear daunting, most of the home is still largely intact.  The homes across the street are lake front and may provide an additional value boost.
Property features include, sturdy roof, doll house front porch, energy efficient windows, preserved kitchen, partial bathrooms, hardy board siding, and AC condensing unit.  The yard is larger than 1/3 of an acre.
Rehab: 30k-40k
Complete rehab is recommended on this property.

Property Details

Price:
$74,900
Address:
1830 Amboy Drive
City:
Deltona
State:
FL
Zip Code:
32738
Year Built:
1996
Terms:
For Sale
Property Type:
Home
Square Feet:
1524
Bedrooms:
3
Bathrooms:
2.5
Const. Type:
Frame

Additional Features

Septic/Sewer: Septic Built: 1996 Tax/Yr: 2,012.00 HOA: None Gross ROI: 14.1% Avg. Rent 1,195.00 PPSF: 49.14 Rehab: 30-40K

Call (407) 781-7312 for more details

Friday, August 5, 2016

www.InvestorsGoldmine.com | Winter Park $159,900 | ARV $250,000

www.InvestorsGoldmine.com



Call Gene anytime 407-781-7312
Incredibly cheap Winter Park flip! You probably thought you would never get a chance to flip in the 32789 zip code this cheap ever again! House is in need of a total renovation, but there is incredible value here!
You must replace the roof, update the kitchen and bathrooms, update flooring, paint in and out, and dump some money into the outside (mainly the landscaping) to give this house some curb appeal and charm. A seasoned flipper may be able to get this project done for even less than our projections. Regardless, there is incredible value here in one of Central Florida’s most desirable zip codes. Set up an appointment ASAP!
Winter Park
Est. Rehab: $50,000
Est. ARV: $259,000
Assignable

Property Details

Price:
$159,900
Address:
845 Douglas Ave
City:
Winter Park
State:
Fl
Zip Code:
32789
Year Built:
1930
Terms:
For Sale
Property Type:
Home
Square Feet:
1084
Bedrooms:
3
Bathrooms:
2
Basement:
None
Const. Type:
Frame



Rent To Own Houses In Orlando – How Does It Work? | Written by Eugene Hoffman

Rent To Own Houses In Orlando – How Does It Work?

Curious to know more about rent to own houses in Orlando?

Keep reading to find out how they work and to know whether rent to own is right for you

Most people think of renting a house or owning a house… but few realize there is an unbelievable  “middle ground” – rent to own houses in Orlando – that allows you the benefits of both worlds. In this blog post, you’ll read about what it means to rent-to-own and how it works.
Renting: When you rent, you pay the landlord for a place to live. As long as your rent is paid, you have a place to live.
Owning: When you own, you take out a mortgage from the bank and they give the money to the seller. You pay the bank back for their loan.
Both of these have advantages and disadvantages. But right in the middle is a great way for enthusiastic homeowners to buy the house of their dreams – through rent to own houses in Orlando. Here’s how it works…
First, you find A Realtor who does rent to own houses in Orlando..3.Sold.in.Bold 339 x 254
Second, you explain to the Agent where you want to live and how much you can afford to spend. Then the Realtor finds a homeowner to an agreement with them to rent their house for a period of time (the length of time is determined between you and the owner, and it might be a few months or a few years).
Third, you rent until the rental period is complete and then you purchase the house for an amount you and the seller agree upon.
  • Renting to own allows you to get into a permanent home sooner than renting the traditional way (renting one place and then buying a different place).
  • The period of the rental also gives you time to fix up your credit if it’s not in perfect shape so that you’ll have good credit by the time you need to get a mortgage.
  • And, renting to own sometimes offers alternatives to saving up a huge down payment (for example, some of your rental payments may go toward a down payment so you’ll have less to pay when it comes time to pay a down payment – this varies, though, between each rent to own houses in Orlando).
Rent to own houses in Orlando is a great way to find a permanent place to live for the long-term, and to get into a house without the high cost of down payments… even if your credit isn’t perfect right now.

Wednesday, August 3, 2016

www.InvestorsGoldmine.com | Solaire Plaza Condo | Coming in August| Overlooking Lake Eola View

www.InvestorsGoldmine.com




Coming First Week In August
Call Gene anytime 407-781-7312
The Solaire Plaza offers 24-hour concierge and security personnel, restricted RFT & fingerprint requirements for both the property and parking garage. The pool area with grills for barbecuing and enjoying the tropical sun can be found on the 10 floor, along with 24-hour fitness center, amenity deck and club room lounge which comes with gaming consoles, business center and large flat screen TVs with surround sound.  The proximity to all the culture downtown Orlando has to offer is a massive benefit, with the Dr. Phillips Performing Arts Center, the Amway Center, art galleries, dining and entertainment options being endless.

Property Details

Price:
$Coming Soon in Early August
Address:
S Court Ave
City:
Orlando
State:
Fl
Zip Code:
32801
Year Built:
2007
Terms:
For Sale
Property Type:
Condo
Square Feet:
1261
Bedrooms:
2
Bathrooms:
2
Basement:
Parking Garage
Const. Type:
Block

Additional Features

Tax/Yr: 4,789.00 Septic/Sewer: Sewer HOA: 525/mo County: Orange Avg Rent = 2,100/mo

Call (407) 781-7312 for more details


Tuesday, August 2, 2016

www.InvestorsGoldmine.com |Deerwood/Rio Pinar $182,500 | ARV $260,000 |





Call Gene anytime 407-781-7312
East Orlando 4/3 House in highly desirable Deerwood/Rio Pinar community. All houses in the neighborhood are custom built. Convenient to downtown, OIA, Lockheed Martin, UCF, and Valencia State College. Just minutes to popular Waterford Village shops and restaurants, Easy access to 408 and 417. Everything is the house is original and has had the same family living in it since it was built. There is a nice big yard, the roof is from 2005 and it looks to be in good condition. Trane A/C is also from 2005 and looks to be working as well. The house is going to need paint, flooring, new fascia board. New kitchen and bathroom upgrades. Garage ceiling shows water damage from before the roof was replaced. Back patio needs some work as well. Take action because inventory is currently low in this is fast moving neighborhood!
Deerwood / Rio Pinar, Annual HOA: $60
Est. Rehab: $30,000- 40,000 +/-
Est. ARV: $250,000- 260,000 +/-
Assignable

Property Details

Price:
$182,500
Address:
South Deerwood Avenue
City:
Orlando
State:
FL
Zip Code:
32825
Year Built:
1986
Terms:
For Sale
Property Type:
Home
Square Feet:
1906
Bedrooms:
4
Bathrooms:
3
Basement:
2 Car Garage
Const. Type:
Wood Frame / Stucco

Call (407) 781-7312 for more details



Monday, August 1, 2016

Rent To Own Real Estate In Orlando – What If I Have Bad Credit Or No Credit? | Written by Eugene Hoffman

www.eugenesellshouses.com

Rent To Own Real Estate In Orlando – What If I Have Bad Credit Or No Credit?


Looking for rent-to-own real estate in Orlando?

The good news is – with rent-to-own, you can still live in a great, permanent home even if you have bad credit or no credit.

Rent to own real estate in Orlando is quickly becoming a popular way to get into the house of your dreams even if your credit isn’t perfect right now. We’ll show you how it works in this blog post…
Renting and owning are the two most common methods of acquiring accommodation: With renting, you pay (usually monthly) and it’s short term… you don’t actually OWN anything. With owning, you pay back a mortgage loan and it’s long term… you actually OWN your house. There are advantages to both, and disadvantages too.
There’s a third option, which is great for people with bad credit or no credit: If you’re renting right now and want to own your own home, you might feel that you are prohibited because of your credit but rent to own real estate in Orlando Florida is the solution.
By renting to own, you move into a house, pay rent for a period of time, and then purchase that house at the end of the rental period.

Here’s How To Rent To Own in Orlando (Even With Bad Credit)

By renting the house first, you get into your permanent dwelling in a credit-friendly way. Sometimes (depending on the situation), some of your rental payment may go toward the down payment or some other benefit – this varies from one property owner to the next.
While you rent, you have time to work on your credit: you’ve got a permanent address and you can work toward improving your credit.
As the rental agreement draws near the end, you use your good credit to apply for a mortgage from a bank, and then you own the house.
The details may vary from one property owner to the next but these are the general concepts involved with rent to own real estate in Orlando.
There are really great benefits to you: You get into your permanent “dream home” sooner, even though you may not have the credit or down payment right away. And then you have a permanent address that you can use to help you improve your credit, with enough time to really turn your credit around and get a bank loan.
If you’re renting right now and want to own your home someday, rent to own might be the right choice for you.

Friday, July 29, 2016

www.InvestorsGoldmine.com | Oviedo Flip Investment Property| $289,500| ARV $399,500

www.InvestorsGoldmine.com

Oviedo Flip Investment Property| $289,500| ARV $399,500








Call Gene anytime at 407-781-7312
Take a look at this cookie cutter flip opportunity in a real nice area of Oviedo.  Roof, A/C, Electric are all in great condition.  House just needs kitchen and bath updates, paint, and possibly flooring.  I went back a year for comps and a half mile. Some of the comps come from the adjoining gated community but they are significantly higher, so I didn’t use those heavily.  But due to the proximity, they are definitely worth a look.
Kingston Oaks, Annual HOA: $250
Est. Rehab: $30,000
Est. ARV: $399,000
Recent Area Sales Activity:
  • 4255 Shadow Creek Cir – 4/2, 1869 SF – Pending at $230k
  • 443 W Palm Valley Dr – 4/3, 2673 SF – Pending at $437k
  • 3713 Savannah Loop – 5/3 full baths, 2 half baths, 3086 SF – Pending at $449k
  • 4283 Shadow Creek Cir – 3/2, 1706 SF – Sold 6/30/16 for $225k ($131.89 PSF)
  • 4243 Shadow Creek Cir – 3/2, 1503 SF – Sold 6/10/16 for $225k ($149.70 PSF)
  • 3718 Savanna Loop – 4/2.5, 2505 SF – Sold 5/5/16 for $415k ($165.67 PSF)
  • 3825 River Hollow Ct – 5/4, 3349 SF – Sold 7/22/16 for $490k ($146.31 PSF)

Property Details

Price:
$$289,500
Address:
Kingston Oaks Cove
City:
Oviedo
State:
FL
Zip Code:
32765
Year Built:
1993
Terms:
For Sale
Property Type:
Home
Square Feet:
2947
Bedrooms:
4
Bathrooms:
3
Basement:
2 Car Garage

Call (407) 781-7312 for more details

Saturday, June 18, 2016

Tips on Buying Orlando Real Estate with your IRA | Written by Eugene Hoffman

Tips on Buying Orlando Real Estate with your IRA


orlando-income-properties
Looking for investment properties in to flip, buy and hold, or wholesale? Eugene specializes in finding and offering deeply discounted area real estate to investors. 407-781-7312

While most people understand that real estate is an investment, many people are taking advantage of the qualified retirement accounts to purchase real estate as an appreciating or revenue-generating instrument like IRAs.
It’s really important to understand the tax implications, legal ramifications, and various other intricacies of purchasing Orlando real estate within your IRA.
So, lets dive into some tips on buying Orlando Florida real estate with your IRA!

Tips on Buying Orlando Real Estate With Your IRA

If you don’t have a self-directed type IRA… first off… you’ll need to connect with your trusted financial adviser to find a reputable and low fee self-directed IRA. Or, connect with us and we can direct you to some very good self-directed IRA companies we’ve worked with in the past.

Open a Self-Directed IRA

You can own a wide variety of properties within your IRA, including residential, commercial, and industrial structures, as well as unused land. Many savvy investors choose to purchase parking lots, storage unit facilities, and other types of property that require little maintenance, but generate steady income.
Your IRA cannot own any home where you live or vacation. Legally, you aren’t even allowed to spend one night in the property. You cannot avoid this restriction by “renting” the property from your IRA, or renting to your spouse, children, grandchildren, parents, or grandparents, nor can you use an IRA to purchase property from close family. You could, however, rent to property to a sibling, cousin, or friend. A solution that many investors implement is to purchase a home for their IRA, rent it out for income until retirement, then assume residence upon retirement.