Jenny Chen

Screen Name: jenny c

jenny c
Points: 60
Kansas City, Missouri
United States
OFFLINE
rank 1 Full Time
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My Details
Activity Level: Full Time
Investing Since: 2006
Reason on REI: Make Partnerships
Selling Wholesales
Other Website: www.vantagerei.com
Member Since: 06/06/2008
Last Login: 11/12/2009
Properties For Sale
Seller Financed ~
Cash Flow Investment Properties for Sale

Contact Jenny for more info.

Seller Financed Property #1:

Asking Price: $65,000

The Terms: 8% interest, 30-year amortization, 3-year balloon, $10k down payment

 

The Numbers:

Down payment: $10,000

Loan amount: $55,000

Interest: 8%

Amortization: 30 years

Taxes (2008): $674.52 per year

Insurance (2008): $367.24 per year

Monthly gross rent: $750

Monthly mortgage payments (PITI): $490.38

Current property management fees (10%): $75 per month

Cash Flow: $184.62 per month

Cap Rate: 22.15%

My Blogs
Category: Buy & Hold
Written: 07/18/2008
Category: Wholesale
Written: 07/18/2008
About Me
I am a Canadian real estate investor buying foreclosed properties in Kansas City, MO. I am expanding my investing to other solid cash flow markets in the United States. I specialize in buying REOs, fixing them up, putting Section 8 tenants in the properties for cash flow.
My Business

We buy foreclosed properties, sell them in as-is condition to other investors at wholesale prices.

We also sell fully renovated and professionally managed properties to investors as performing cash flow assets.

Please contact me at jchen@vantagerei.com. I'd love to network with other investors and real estate professionals.

My Contacts
jenny c has 33 contacts

Colin
Brian Lucier
KatieKate
CMoneyDeals
djfelip
The Money Finders, LLC
mtodd
Matt Miller - Content Director
Dewain
JohnBoy
RealEstateInvestor
aim2002succeed
My Comments
From: JohnCorey
12/13/2008
Jenny,

Thanks for connecting and welcome to the site.

If you have any real estate questions I can help with send me an email using the contact page on my blog.

John Corey
www.ChelseaPrivateEquity.com/blog
JohnCorey
Ambassador
From: Master Home Investments LLC
08/15/2008

 

$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)

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!

 

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.


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Real Estate Investors!!


Subscribe Today & Receive 1st Shot at The PREMIER Real Estate Deals in your local area!  $$$$$$$ 









Master Home Investments LLC

From: CMoneyDeals
08/01/2008
Hey Jenny just wanted to drop by and see how your investing was going") Hope all is well and keep me posted on your interest in the Atlanta market. I have an abundance of great deals available, so keep in touch
CMoneyDeals

From: JohnLydic
08/01/2008
Hi Jenny – Would you like to expand to San Antonio? Please let me know if you have an interest in a Texas venture. My proposal below:
 
 
I am looking for someone who, not only, has the means, but can recognize the viability, sustainability and growth potential of my plan.
 
Any help, direction or referral would be appreciated.
 
Thanks,
 
John Lydic
440-454-4321
 

JohnLydic
Educator
From: Diverse-capital,Inc
07/22/2008

Jenny,

Hello Craig here I see you invest in foreclosures please visit www.LossMittraining.com this is a great way to enhance your service and get leads while hepling homeowners save their home. up to $2,000 per hour.


---
Craig Cooper
Diverse Capital, Inc
www.Diverse-Capital.com
www.GetCashAtClose.com
800-679-7042 Ext5704
Diverse-capital,Inc

From: RealEstateInvestor
07/18/2008
Jenny, you have some great opportunities for investors offered on your business website.  You also have a lot of experience to share with this REI community here.  Thanks for adding me to your contact network.  You will be a great asset to this community!  I hope we can also benefit and help you as well, as we all share, communicate, and network together.

Best of success,
Joel 
RealEstateInvestor

From: CMoneyDeals
07/18/2008
Hello Jenny and thanks for the comment. Atlanta is one of the better markets for investing and most areas are good, but there are a few that I wouldnt recommend. Fortunately the deals we have available are in the best areas, so if you are looking to invest in the Atlanta market in the near future, I'm your man just send me your email and I will add you to my VIP Buyers List and start sending you our wholesale deals when you are ready to buy. chat with you soon, have a prosperous day!  
CMoneyDeals

From: JohnBoy
06/23/2008
Welcome to the REI community.  Whether you are new to investing or an old pro, there is something useful for everyone here.  So jump in and get involved.  Glad you're here.
JohnBoy
Ambassador
From: The Money Finders, LLC
06/12/2008

Thanks for sharing your company information. The services you offer are of great value to the community and I wish you nothing but the best in your pursuits.

Take a look at www.learnapartmentfinancing.com, where we are assisting investors, realtors, mortgage brokers and commercial property owners with never told information regarding commercial financing and commercial property investing. You won't be sorry you did.

Lastly, we offer Commercial Consulting Services, such as, Loan Packaging and Underwriting Services for those with current projects to present to their lender for approval. We also offer Lender Referral Services where we will introduce you our lenders for loan submission. Our Lender Placement Service will also place your loan with one of our lenders, if you so desire.


The Money Finders, LLC

From: CMoneyDeals
06/12/2008

Gretings Jenna, welcome!  you definitely picked a awesome community to join Let chat and network! 

Go Dream Success


CMoneyDeals

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