Michael Wilkins

Screen Name: michaelrwilkins

michaelrwilkins
Points: 21
Brooklyn, New York
UNITED STATES
OFFLINE
Finding you the right house at the right price
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My Details
Investment Type:
General
Short Sale
Wholesale
Activity Level: Beginner
Investing Since: 2008
Reason on REI: Learn R.E. Investing
Investor Networking
Other Website: http://www.newfoundhomebuyers.com
Member Since: 09/24/2009
Last Login: 01/07/2010
Looking For

I am looking to learn more about real estate investing and to network and build realtionships with other real estate investors.

Other Interests

My interests are in business, technology, real estate investing, and sports mainly football, and basketball.

My Blogs
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About Me

I am an energetic entrepreneur from New York City who is socialable and people oriented like meeting and networking with professional minded business oriented people. I am interested in learning more about real estate investing particulary wholesaling, and short sales and gaining some valuable information, tips and tricks from seasoned investors here on realestateinvestor.com. 

My Business

I am the cofounder of New Foundation Properties a two man company along with my partner Euland Griffith our main focus is in wholesaling houses, and doing general investments here in New York City, and Atlanta, Our motto is Finding you the right house at the right price. We sell, buy, and refer good property deals to and from other real estate investors who are looking for a great deal at bargain prices. We are now branching into shortsales and foreclosures particulary REO'S and also virtual investing where we would like to buy properties in other states at good prices.

My Contacts
michaelrwilkins has 21 contacts

Colin
JohnLydic
JohnBoy
stevebuyshouses
sellhousesfaster
JohnCorey
Property_Mitigation
MillionaireMind
Steph
LilMs3days
kyand
Real Estate Queen
My Comments
From: mercerfunding
12/09/2009

15m Short Term loan needed to secure land on Insurance Wrap Fund

 

Does anyone have ANY information on wrap insurance deals or investors that deal with will lend against one that is waiting for funding as we speak?? Any help would be appreciated.............Thanks!!  I have a project that the insurance binder is worth 148m that is waiting for funding as we speak on a private platform.  I am looking for a group that will lend against it on a short term quickly to secure the land no later than January 4th.  Principles of the project are willing to give 15-20% ownership in return for financing and repayment in full 30-60 days out.  Any help to this matter would be appreciated and thank you for your time...!  An only serious inquiry please as time is of the essence...thanks again!  Contact me through here or at mercerfunding@gmail.com


mercerfunding

From: DeVargo
11/18/2009

 Hi Michael I see your an investor and wanted 2 see if you know any "Buyer's or Investor's looking in the Dallas Million dollar market, I have 2 great deals that I want sold yesterday here they are .........


 
The taxes on 12077 is 5k for the year ...... it has 19 rooms  (5 Bedrooms (First Floor Guest), 4.5 Bath, Professional Kitchen with Beams, Butlery, Formal Dining Room, Wet Bar, Wine Closet, Family Room, Study with Firs place, Game Room, media with Wet Bar, Claystone Elevations with Composition Roof, Front Courtyard, Outdoor Living with Grill, Porte-cochere, 3-Car garage)
 
 
12077 
 
ARV:       $1,365,000 RETAIL value
Repairs:   none       ,it's brand new
SELL:      $ 825,000 
EQUITY:    $ 540,000 
 
 
The taxes on 12069 is $4,200.00 for the year it has 14 rooms 5 Bedrooms(First Floor Guest), 4.5 Baths, Gourmet Kitchen, Butlery,Great Room with Beams, Study, Game Room, Media Room with Stepped Seating, Stone and Brink Elevations with Composition Roof, Front Courtyard with Fireplace, Loggia, 3-Car Garage .
 
 
 


12069 

ARV:       $1,175,000.00  RETAIL value
Repairs:   $0          NONE, if it's brand new
SELL:      $780,000.00  
EQUITY:    $395,000.00 

DeVargo

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