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Looking for Joint Venture Partners

Date: 07/18/2008 / Category: Buy & Hold , Current Grade B+

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Hey everyone, since I am a Canadian without US SSN, getting financing for my US rental property is hard and I've tried...

That's why I am looking for JV partners to buy and hold properties.

This is such a great time to buy and the properties in Kansas City, Missouri are cash flowing like crazy.

Looking for Joint Venture partners who have:

* Good credit to get traditional mortgages

* Cash to invest in solid cash flow properties

* Have cash in IRA/retirement accounts earning low or negative returns

What I can provide:

* Knowledge and Experience in buying/holding rentals... continue reading >>

Wholesale Property for sale in Kansas City, MO

Date: 07/18/2008 / Category: Wholesale , Current Grade A-

Preview:

I have a property in an up and coming neighborhood under contract.

The bank's listing price for this REO was $30,000 and I am wholesaling it for only $22,500.

The ARV is about $75,000 (Zestimate is $78,500)

We got a rehab bid for under $15,000

All in cost is $37,500

LTV only 50%

It was rented for $675/month, so cash flow is $253/month

It could be rented for more after rehab since the my property manager told me its in a good neighborhood which is getting even more desirable.

Referral fee available if you can find me a buyer.

For... continue reading >>

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