Corey Gumbs
Screen Name: SOGumbsHoldings
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Points: 41
Springfield Gardens, New York
United States
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My Details
Looking For
$.65 or less on the dollar type of properties - nationwide
Investors looking to be placed on my buyers list for up coming properties
Advice
Financing
To meet new and exciting people and to build a strong network of business partners.
Other Interests
Football/Sports
Video Games
Musician
Music Business
Politics
World News
Reading and learning new things
My Blogs
About Me
I am a 31 year old single father looking to provide his family with a great future. My current Just Over Broke (JOB) is a manager for a group home for people with developmental disabilities. I enjoy this job as it gives me rewards that money cant buy, but it will not provide the future Im looking for myself or my family. I would like to have the OPTION to choose to work it, not be forced to.
I love to spend time with my family, play sports (especially football), watch movies, listen to and play music (musician), hang out with friend, travel, and just enjoy life.
My Business
The Program:
Houses are located in the Jackson, Missippi area
Owner financing with 0% interest for 30 months.
No Credit Check Needed
5k down payment
Property will be paid off by the end of the 30 months. You will own it free and clear.
Net Rental Income (after expenses) will offset Monthly Payment (most rents cover over 50% of the monthly payment)*
Buyer will add difference of Rental Income offset to monthly payment. Can be as little as $200+ out of pocket a month*
The Benefits:
0% Interest Loan - SAVES THOUSANDS OF DOLLARS on points, mortgage notes interest, and other expenses paid with getting a conventional note.
NO CREDIT CHECK – NO Credit Risk or qualifying
NO Lump sum cash payment needed – spread your cash over 30 months
Gross Rent – Expenses = Cash flow in your pocket monthly (Creates Passive Income: The key to long term wealth building)
Investors – No property limitations. You can own multiple properties and still purchase houses.
Turn-Key Rehabbed Properties
Rented
Free property management for 1 year
Automatic Equity position – Houses are $0.80 on the dollar or less (LTV=80% or less) of estimated appraised value
Perfect for retirement accounts – Use your IRA/401k/403b/CDs to leverage a 0% interest loan for 30 months
Partnerships available! Don’t have $5000 down? Then partner with some of our other interested buyers to be able to participate in this awesome opportunity. Great for first time investors.
Contact Corey Gumbs:
(718) 341-2281 Office
CoreyGumbs@gmail.com
www.facebook.com/coreygumbs
*subject to individual properties
My Contacts
My Comments
06/04/2010
Interested in Central Florida Real Estate? Sign up for our VIP Buyer List...
http://www.servingcentralflorida.com/vip_buyer.html
04/28/2009
Hi, I am also a real estate investor and just wanted to introduce myself. I helped develop Leadtackle.com, a 100% free service which allows you to network with local investors and national real estate investment companies. Please join us as we have thousands of RE Investors on board!
12/09/2008
08/18/2008
$100,000 Per Month!!
Investors!!........... Mortgage Professionals!! ...........
...........Real Estate Agents!!
We now offer Note Purchases on SHORT Sales and REOs!!!!! FLIP AT CLOSING, USE OUR INVESTOR'S FUNDS TO BUY HOMES FROM BANKS AND THEN FLIP WITH "OWNER CARRIED NOTE" Which is SOLD AT CLOSING!!!
PLUS: Enjoy Joint Venture Profits. No Credit on your part!!!
Just Added: By joining at Platinum Level, you are receiving training as an investor so that you can FLIP homes using the Program. You receive the Gold level program AND the Platinum level training. You can also start earning more as a result of being at the Platinum Level.
(Click Here)
This is a 2 Tier Payment System, NOT an MLM. You earn on your team and on their team. All of your team members pass up 2 of their team members (1 & 4). In the example above, since Tim and Tom have been passed up to your team, they will, in turn, pass you their 1st and 4th sales. This process keeps occuring over and over. Of the $697 startup cost for Platinum Level, $600 is paid instantly to team leaders.
1.) Earn Full Profit Spreads on homes you flip!!
2.) Earn 1% of the loan purchased from every Homeowner that funds with our Temporary Seller Financing Program.
3.)Earn 1/2% percent of the loan purchased on any sales made by your team members.
Profits made by making Gold and Platinum Level Sales.
4.) Earn $400 on every Platinum sale made from your website with the exceptions of your first and fourth sales.
5.) Earn a $200.00 Bonus on every Platinum sale that any of your team members make.
This becomes a Residual Income that CONTINUESto come in each time anyone on your team brings Platinum members. It also means you earn $600on each of the 1st and 4th sales from ANY of your team sales to infinity!! PLUS, you earn the $200on EVERY sale made from EACH of your team members. Your 1st and 4th personal sales are not part of your team as they are passed up to your team leader and become part of their team.
~All of YOUR team members will Also pass up their 1st and 4th personal sales which is how YOUR team will grow as well, from the efforts of your team members.~
6.) You can use ANY pre-approved buyers from any of your own Gold team member's, to FLIP your OWN homes with; (after the original seller has their opportunity to sell to that buyer). Gold level team members are limited to earning only from the original homeowner that created the lead.
All additional pre-approved leads belong to you! This is the
KEY to building an enormous buyers list, ready to buy your next home!!!!!!!!!7.) Earn $150.00when team members joins at the Gold level.
8.) Earn $400.00on every Platinum team member that joins through any of your own Gold team members. (Gold team members only earn when someone signs up at Gold Level. They must pass-up all Platinum members to you until they become a qualified Platinum Team Leader. You get to keep all passed up team members.)
So there you have it!!! AND you can TRY IT FOR FREE!!!!!
CLICK HERE!
05/17/2008
Welcome to the community. Please accept my invitation to be connections. I am mostly buy & hold bu t always open to learn new things. I'll be checking out your site soon. Looking forward to finding out a little more about you.
THIS IS BY FAR THE BEST REI web site I've found! You will find blogs for everyone from beginner to serious investors! It is so easy to customize your profile, make connections, edit content, you’re your own groups, add your own blogs, and build your RE network.
I have also created all for all of the users of this site FREE REI.com buttons to create SEO for this site. Just visit my profile and grab all the buttons you want and put them on your site linking back to REI.com. Looking forward to your future success.
Brian Lucier
05/11/2008
Thanks for the add. I will def. Add you to my buyers list. Look out for my email. I'd like to know what your looking for in a property and what your buyers are looking for. Im def looking forward to closing deals with you. Lets make money!!!
Annette Santana
05/11/2008